The truth in language is authorized (authority); you can se…
The truth in language is authorized (authority); you can see this in the way Law is (currently) interpreted and applied. The more we rely on language for contracting, the more we rely on authority.
I think BitCoin (or more specifically, PoW) can...
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...lessen the trust we reluctantly give to authority, when contracting with each other.
More thinking...
@24
If BitCoin continues to grow, then this will happen gradually, rather than at a single distinct moment.