EAN: 9780674241596

BLOCKCHAIN AND THE LAW - PRIMAVERA DE FILIPPI K...

¿Blockchains will matter crucially  this book  beautifully and clearly written for a wide
audience  powerfully demonstrates how.¿¿Lawrence Lessig ¿Attempts to do for blockchain what the
likes of Lawrence Lessig and Tim Wu did for the Internet and cyberspace¿explain how a new
technology will upend the current legal and social order¿ Blockchain and the Law is not just a
theoretical guide. It¿s also a moral one.¿¿Fortune Bitcoin has been hailed as an Internet
marvel and decried as the preferred transaction vehicle for criminals. It has left nearly
everyone without a computer science degree confused: how do you ¿mine¿ money from ones and
zeros? The answer lies in a technology called blockchain. A general-purpose tool for creating
secure  decentralized  peer-to-peer applications  blockchain technology has been compared to
the Internet in both form and impact. Blockchains are being used to create ¿smart contracts ¿
to expedite payments  to make financial instruments  to organize the exchange of data and
information  and to facilitate interactions between humans and machines. But by cutting out the
middlemen  they run the risk of undermining governmental authorities¿ ability to supervise
activities in banking  commerce  and the law. As this essential book makes clear  the
technology cannot be harnessed productively without new rules and new approaches to legal
thinking. ¿If yoüdon¿t `get¿ crypto  this is the book-length treatment for you.¿ ¿Tyler Cowen 
Marginal Revolution ¿De Filippi and Wright stress that because blockchain is essentially
autonomous  it is inflexible  which leaves it vulnerable  once it has been set in motion  to
the sort of unforeseen consequences that laws and regulations are best able to address.¿ ¿James
Ryerson  New York Times Book Review

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