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In my previous article on this site, “Bitcoin, Open Source Movement for Decentralized Future”, among many other issues I addressed some concern about the existence of early adopters and this apparent inequality within the Bitcoin ecosystem. I argued how in the Bitcoin network, the accumulation of money is not easily translated into power over others. Someone asked me to further elaborate on this. Here I will explore how the Bitcoin ecosystem offers a different model of governance and how within it, our familiar notion of power can be redefined to mean something radically different.
