The Bitcoin network and the confederal model - Bitcoin Forex Loans Insurance Busines

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Saturday, September 30, 2017

The Bitcoin network and the confederal model

From the moment I began to see the noble purpose that inspired Satoshi Nakamoto , I live in a constant celebration of philosophy that accompanies Bitcoin, and the way in which this cryptocurrency puts in the hands of more and more people the opportunity to claim their ownership of themselves and their assets. With the same joy I find that the way Satoshi Nakamoto proposed to bring this wonderful form of money at maturity (predictable issue, transparent and decreasing; fair distribution of the emitted through the requirement of service to others, etc.) is correct. The road Satoshi invited us to travel is the elegantly circumvents the problems that led to the creation of Bitcoin(monopoly, arbitrariness and irresponsibility of governments in the matter, and privileges and inefficiency of banks), not a difficult reform of the monetary system exists , whose domain belongs to the elite.

At the same time, I can not but feel admiration for the pillars on which Bitcoin is supported (the chain of blocks or "blockchain" and the network nodes are updating), of which I think we can draw many lessons to apply other fields. For example, to formulate a viable alternative political system in the short or medium term. A system characterized by greater decentralization of power, the recognition of the dignity of every member of society, and respect for individual autonomy, rather than the threat, aggression and coercion.

If anything Bitcoin serves as proof, it is the effectiveness of those factors that have determined its success; including direct empowerment of participants and respect for economic freedom, rather than the traditional, it would be seeking refuge in the rigidity of authoritarian rule or unnecessarily vertical structures, and the "all - powerful" central planning that nothing manages and destroys everything.

When I talk about the Bitcoin network, I often refer to it as " the Confederation of nodes " , being an excellent example of the confederal model. As many know, Bitcoin is a computer network made up of a set of nodes with a direct power of decision on their actions, and whose unity and stability is based on consensus among participants and interdependence with one another. This is precisely what is essentially a confederation is a system in which participants share a set of rules that allow them to live in a community that can provide a number of benefits for all of them, while retain their willingness to remain in the same .

This model, in my eyes that can potentially offer greater freedom and an upper frame for the development of human societies, is not feasible in the short term, and is relatively easy to explain politically, because it is much like one we already know: the federal model.

In fact, CNT model serves as a claim of that raised by advocates of federalism, that is, the need for limiting the central power. For these purposes, unfortunately, the federal model has not worked -to say the least-, among other causes by the expansive nature of the state, the rise of populism and the hegemonic tendency towards centralism in modern thought. Countries like Venezuela (my country), or the United States, can serve as evidence of such failure, which is reflected in the growth of the powers of the federal government in that North American country, and most acutely in complete absence of real federalism in a constitutionally federal country like Venezuela.

Fortunately, Bitcoin is there in a timely manner to remind a variety of principles. As the association is a voluntary phenomenon that requires consent. That once it has lost consensus , rather than the imposition you can go to the disassociation and peaceful coexistence . And the market as a space that facilitates exchanges elections and serves the Bitcoin fucking to confront the tyrannies and radical disagreements. Not only that, but it is right to raise, rethink, build, rebuild and improve a system of which all have different visions of space but you have to move forward in some way or another - and we do it more in the least traumatic possible- if we have an alternative to a dying monetary and financial system.

As for what Bitcoin is going through right now- the conflict between Blockstream / Core and implementations that support the emerging consensus , as Bitcoin Unlimited - I encourage anyone who has come here to take it easy ... I know stressful situations can lead to sleepless nights. I myself have wasted enough of my peace of mind these days, musing about how we will leave this ... well, at least figurándome the various possible scenarios. But sometimes you have to escape the trap that concern us, to find solutions.

If anyone feels daunted by this transition from Bitcoin towards maturity, just say that you take the necessary precautions, that the best you can before decisions are informed, and if you are unsure of something, you see, compare, search for answers before ruling on this or that issue (read up on the technical functioning of Bitcoin, criticism, proposals ... and studied economics ). And above all, pay attention to the content of the arguments . Do not let it fool the appearances .