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A Cybernetic View of Bitcoin’s System Design Choices

A cybernetic view is a way of looking at systems focusing on circular causal processes of feedback, control, communication, and adaptation in complex environments. Unfortunately, Bitcoin has been predominantly viewed as a technical system controlled...

Read more... The full content of this chapter is available in the two-volume book:

Bit & Coin

Merging Digitality and Physicality

Volume IDigital Humanity’s Truth Layer - The New Internet, its Authenticity Layer, and Applications 
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Volume IIBitcoin, Blockchain, and Beyond - Essays of Science, Economics, Law, Ethics, and Controversies Order on Amazon (coming soon)

Published inPART 5: Science, Economics, Law and Ethics of Bitcoin