A Quote by Jeremy Allaire
With greater extensibility and programmability, bitcoin can evolve to enable transformations in how all forms of property are secured and exchanged, how voting and governance function, including spilling into the automation of commercial law, audit, and accounting.
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Organizations worried about the potential for e-voting problems have long-advocated for audit procedures by which votes cast by e-voting machines could be verified through audit trails.
Neither transitions nor transformations will be manageable without novel forms of global governance and markets
The IRS issued guidance for virtual currencies on March 25, 2014 that stated virtual currencies, including Bitcoin, are to be treated as property for federal tax purposes. This requires capital gains on virtual currencies to be recorded and reported. The Bitcoin Foundation says this could lead to unrealistic reporting.
As president the law dictates how I do my job. The same law dictates how a judge should function.
India's democracy where over 1 billion people have a voice in deciding their future is a world example of how governance can incorporate diversity into a movement for inclusive growth. New modes of democratic engagement, especially through using e-governance are allowing greater access to fundamental rights for all our people.
Everything I learn about the world, whether it's the simple arcana of how commercial products are manufactured and designed and how they reach our shelves and where the chips come from and who does the code, to more profound things like whether or not a black hole might be penetrable as a wormhole, whether or not universes might be accessible from here, whether space can be stretched and compressed to enable faster-than-light travel without violating physical law - all of those things have tremendous story potential.
You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself
I think what Ripple is doing is not just, 'Hey, how do we enable banks' - it's a broader effort in how can you enable an Internet of Things and connected devices that are economic actors to pass a couple pennies.
E-governance is easy governance, effective governance, and also economic governance. E-governance paves the way for good governance.
Bitcoin as a globally distributed public ledger - that's the thing I'm most excited about going forward. Thinking about how to use Bitcoin in new and innovative ways. In the meantime, we have the boring uses of Bitcoin that are in the process of going mainstream.
[A] republic . . . [is] a government, in which the property of the public, or people, and of every one of them was secure and protected by law . . . implies liberty; because property cannot be secured unless the man be at liberty to acquire, use or part with it, at his discretion, and unless he have his personal liberty of life and limb, motion and rest, for that purpose.
Governance allows organizations to...achieve unprecedented automation.
What stands out to me in America was all the police vs. citizens turmoil. It's decades of bad policing, bad schooling, racism, bigotry and other factors finally spilling into mainstream culture. I would like to see America evolve on how the laws are enforced on the streets.
In our early experiences with bitcoin, we found how few people were building bitcoin exchanges the right way. They really weren't taking the regulation seriously; they were taking it too much like how you would approach something when you're 18, full of the excitement of youth and throwing caution to the wind.
How are men to be secured in any rights without instruction; how to be secured in the equal exercise of those rights without equality of instruction? By instruction understand me to mean knowledge - just knowledge; not talent, not genius, not inventive mental powers.
Property must be secured or liberty cannot exist. But if unlimited or unbalanced power of disposing property, be put into the hands of those who have no property, France will find, as we have found, the lamb committed to the custody of the world. In such a case, all the pathetic exhortations and addresses of the national assembly to the people, to respect property, will be regarded no more than the warbles of the songsters of the forest.
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