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Submission + - Will the blockchain undermine national governments? (telegraph.co.uk)

MattSparkes writes: Bitcoin is giving banks a run for their money. Now the same cryptographic technology which powers it — the blockchain — threatens to eradicate social networks, stock markets, even national governments. Are we heading towards an anarchic future where centralised power of any kind will dissolve?
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Will the blockchain undermine national governments?

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I think there's a world market for about five computers. -- attr. Thomas J. Watson (Chairman of the Board, IBM), 1943

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