This page details our bitlaw efforts.
- Resource management.
- Digital governance.
- Decentralised law.
- Tools of trade and business.
By enabling new forms of human association and empowering non-coercive organisations to scale we can grow the world in the direction we want to see. Our approach is fundamentally bottom up, by working to empower and scale we can reach towards our objectives.
Specifically for governance, we promote autonomy and independence aiming away from democratic consensus. We can empower self-organisation and autonomy by focusing on:
- Blockchain transparency + multisig for organisations.
- Accountability for actions taken within an organisation towards participants (shareholders, community .etc).
- Tools for managing working groups.
- Accounting tools.
- Establish micropayment channels for ongoing payment of a good.
- Trustless resilient purchasing by doing swaps, where swap_amount == tx_fee
- Arbitration platform.
- See arbcom on Wikipedia.
- Competitive/polycentric law?
- Enabling different legal systems to interact.
- Auditing and transparency.
- Blockchain data for spends.
- Multisig working groups.
- Tools to issue securities/tokens
- Traded p2p
- Assurance contracts
- SIGHASH_ANYONE_CAN_PAY -> multisig
- Crowdfunding interface.
- Bonds, securities, options, futures
Primary contract: A promises B to do X
Secondary contract (guaranteeing performance): C promises B that if A does not perform, then C will compensate B
- Build your own CyberCorp on the blockchain as a distributed autonomous corporation.
- Money laundering and super tax-havens. The fundamental power shift.
- Information black markets through cryptography for publishing.
- Distributed markets that cannot be censored.
- Instant yet private blockchain technology. Performance optimisation for the Bitcoin blockchain.
- Securities and financial instruments to self-organise through p2p networks.
- Resource management, decentralised law, digital governance, and tools of trade and business.
Consensus & governance
Minoritarianism: "A common criticism of consensus decision-making is that it can lead to a situation wherein a minority can block the will of the majority. Consensus advocates argue that this is a good feature — that no action is preferable to one without the consensus support of the group." See also tyranny of the majority.
Consensus plays a very specific role that should be highly limited, instead favouring individual minority groups ability to act simultaneously in parallel.
It's important to:
- Limit the scope of powers for consensus.
- Realise what the objectives are.
- Guidelines where consensus is appropriate.
The US was founded as a republic with a constitution to limit the abuse of power by political entities on its consensus mechanism. It's instructive to observe how the system of checks + balances, and constitution have failed to prevent corruption of the consensus mechanism.
Four boxes of liberty: "There are four boxes to be used in the defense of liberty: soap, ballot, jury and ammo. Please use in that order."
"Surowiecki identified four elements necessary for a wise crowd : diversity of opinion, independence of members from one another, decentralization, and effective ways to aggregate opinions. He describes the ideal wise crowd as consisting of many independently minded individuals who are loosely connected, who are geographically and socially diverse, who are unemotional about their subject, who each have many sources of information, and who have some way to bring their individual judgments together into a collective decision." -Pieter Hintjens, page 69
"Citizens of digital society choose freely which authorities to respect and which to ignore. The core trick is to accept authority without giving it the “right to command.”" -Pieter Hintjens, page 71
"Take this technique from the Cult Information Centre (CIC) site: “ Peer Group Pressure — Suppressing doubt and resistance to new ideas by exploiting the need to belong .” The reverse is, by lowering the cost of joining and leaving the group, we encourage new ideas and criticism. Or, consider “Removal of Privacy — Achieving loss of ability to eval- uate logically by preventing private contemplation .” Its reverse is: give people private space and time to think, and they’ll become better at thinking logically."" -page 72
- Lex Cryptographia by Justus Ranvier
- Julian Assange: Bitcoin could establish a new global consensus
- Empowered Law: Multi-Signature Accounts for Corporate Governance by Pamela Morgan
- Pamela Morgan (Empowered Law) interview on smart contracts, multisig corporate governance and contract negotiation, and dispute resolution.
- Wikipedia: opensource governance
- The foundation for an opensource city, book showcasing open source culture, government policies, and economic development happening in Raleigh.
- Crypto-Anarchy video (el classic)
- ZeroMQ guide: Chapter 1, fixing the world, how to develop for self-organised networks solving large scale problems.
Nakamoto Institute has lots of stuff:
"Power is not a means; it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship. The object of persecution is persecution. The object of torture is torture. The object of power is power." - George Orwell
“Our goal is not to placate and obey the rules of the people responsible for navigating the world into a permanent financial crisis. With or without their permission, we are going to build a better future out of the ashes of this system which they broke, and you can help.”