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Bitcoin As A Modern Monetary Defense Protocol

Bitcoin has the potential to problem 18th-century financial defensive protocols as a Twenty first-century trendy financial protection protocol (MMDP) different. For starters, the aim of any defensive protocol is to present pure obstacles which are designed to improve security and maximize safety. So, the stronger the protocol, the superior safety and the safety it gives.

The U.S. Constitution, for instance, is a defensive protocol that was constructed to shield particular person liberties whereas additionally outlining the restrictions of “the people” outlined for their authorities. This masterpiece of a defensive protocol is actually a revolutionary doc that helped propel civilization ahead in methods by no means skilled earlier than in historical past. Furthermore, the U.S. finally established the Department of Defense (not the Department of Offense) as an insurance coverage coverage to additional defend our lifestyle. That being mentioned, the suitable defensive protocol has the potential to form the longer term and pave the way in which ahead in methods we can’t fathom at this given second in time.

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