Confusion abounds about Bitcoin, and the market technology that helps keep the alternative currency market transparent and stable: Blockchain. Compounding this confusion is the reliance on insufficient analogies used to describe aspects of these systems like “wallets”, “coins,” and “miners.” These abstractions gloss over important nuances in how the bitcoin system actually works, and creates a hazard for regulators, policymakers and academics who use these analogies to shape law and policy decisions.
In this talk Patrick Murck — Berkman Fellow and Co-founder of the Bitcoin Foundation — unpacks Blockchain and some of the complicated property law issues that it poses.
