HOW BITCOIN TECHNOLOGY COULD CREATE A FAR FREER WORLD
Amid the current maelstrom of war, disease and politics, you might have not been paying much attention to bitcoin, the electronic form of money favored by radical libertarians and drug dealers. Yet it is possible that when the history of these days comes to be written, bitcoin's story will loom large.
Unnoticed except by the tech-obsessed, the technology behind bitcoin may be slowly giving birth to a brave new world, with eventual implications well beyond money.
So argues Bitcoin: The Future of Money?, a new book by Dominic Frisby, a columnist for MoneyWeek magazine published in Britain.
Frisby makes the case that it is just possible that bitcoin and its rivals - known as altcoins - and the "blockchain" technology that lies behind them have the potential to spark a radical decentralization of society itself. They could change the way governments finance themselves, make banks redundant and transform the ways companies are run.
If he is right, then the founder of bitcoin will take his place alongside the great inventors. So who is he?
