Do digital currencies spell the end of capitalism?


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    It started with the best of intentions: in 2015 a group of programmers inspired by the success of Bitcoin launched a new software platform called Ethereum that allowed users to conduct transactions without a central bank or currency authority using “tokens” called Ether instead of dollars or pounds. Even more exciting, their platform allowed for “smart contracts” so a deal could be made conditional in all sorts of ways, allowing for everything from options contracts tied to future commodity prices to elaborate corporate governance and voting schemes.
    https://www.theguardian.com/science/political-science/2017/apr/10/do-digital-currencies-spell-the-end-of-capitalism





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