14 Aug '12, 10pm

Bitcoin, the Darknet Economy, and the Low Over-Head Revolution via @c4ssdotorg

This article has unfortunately gone missing from the internet, only abstracts and snippets are readily available. C4SS has located the original full text for our readers. We owe a debt to C4SS translator, Tau Demetrious , for not only preserving the original, but translating it into Russian . * * * Neal Stephenson’s “The Diamond Age” was set some years after encrypted currencies and e-commerce removed most economic transactions into darknets beyond the government’s capability of monitoring and regulating, and thus caused tax bases around the world to implode. This was followed, in short order, by the collapse of most nation-states. In the ensuing Interregnum, the defunct nation-states were replaced by city-states and by networked global civil societies called “phyles.” The major phyles leased enclaves in most major city-states around the world, much as the Venetian merchan...

Full article: http://c4ss.org/content/11718

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