Blockchain and the Law: The Rule of Code
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“Blockchain and the Law perfectly links technical understanding with practical and legal implications. Blockchains will matter crucially; this book, beautifully and clearly written for a wide audience, powerfully demonstrates how.”―Lawrence Lessig, Harvard Law School
“Useful to an educated readership…If you…don’t ‘get’ crypto, this is the book-length treatment for you. It sees merit and potential in crypto, without buying into any particular claim just for the sake of hype.”―Tyler Cowen, Marginal Revolution
“De Filippi and Wright stress that because blockchain is essentially autonomous, it is inflexible, which leaves it vulnerable, once it has been set in motion, to the sort of unforeseen consequences that laws and regulations are best able to address.”―James Ryerson, New York Times Book Review
“De Filippi and Wright offer neither a jeremiad nor a gospel; unlike the breathlessness that pervades much writing on blockchain technology, they stick to sensibleness and sobriety.”―Nathan Schneider, America
“Explores the implications of the technology in its broadest sense, positioning it in context of the evolution of the internet, and the development of artificial intelligence and autonomous systems which are continually touching more areas of our daily lives…A fascinating and comprehensive read that poses many questions we should debate and settle before blockchain technology becomes ubiquitous.”―Breaker
“At long last―a deeply researched, thoughtful, and measured analysis of blockchain technology and the policies that could help us harvest its opportunities and avoid its pitfalls. Blockchain and the Law should be required reading for anyone serious about understanding this major emerging element of our technological ecosystem.”―Yochai Benkler, author of The Wealth of Networks
“A well-written and comprehensive book that cuts through the blockchain hype. It not only highlights the powers and limitations of blockchain technology, but solidly grounds it in a larger social and legal context.”―Bruce Schneier, author of Data and Goliath
“If you are looking to understand the intricacies of the relationship between the law and blockchain technology, then this book should be on your list…[It] makes it clear that regulators must redefine their approach because restrictive regulations will stifle the growth of the industry.”―Alexander Lielacher, BTCManager
About the Author
Primavera De Filippi is a permanent researcher at the CERSA/CNRS/Université Paris II and a faculty associate at the Berkman-Klein Center for Internet & Society at Harvard Law School.
Aaron Wright is Associate Clinical Professor of Law and Director of the Blockchain Project at Benjamin N. Cardozo School of Law at Yeshiva University.
- Publisher : Harvard University Press (April 9, 2018)
- Language : English
- Hardcover : 312 pages
- ISBN-10 : 0674976428
- ISBN-13 : 978-0674976429
- Item Weight : 1.3 pounds
- Dimensions : 6.5 x 1.2 x 9.3 inches
- Best Sellers Rank: #810,712 in Books (See Top 100 in Books)
- Customer Reviews:
Top reviews from the United States
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Again, thought provoking.
Top reviews from other countries
If you are new to blockchain, this book would help you understand the theory, but not the practice. Most of the content is history of creation, correlations with the dot com bubble (which is so cliche and overused), links to some existing projects, a lot about the tech itself but even this bit is written in a very superficial way. It's the high level information you can read when you google - "What is blockchain", rather than the nitty gritty of the industry.
The discussion is nicely grounded by reflections on our hopes and fears of the early days of internet and useful ideas of people like Lawrence Lessig.
I am generally cautious about the use of the term Blockchain. Often used to obfuscate, the usage seems appropriate here where the discussion is very broad.
The introduction of the technology is reasonable. Implications for payment systems are pretty straightforward. Interesting aspects of the potential for contracts and derivatives are raised. There is also discussion of the usage of blockchain technology in information systems. The discussion of implications for organizations and autonomous systems is more speculative but also quite interesting.
The book wraps up by looking at options for regulation and the pros and cons of potential approaches. There is also a very insightful reminder that technology can also be a potential tool for the government, not just a challenge.
The book is well written, an easy read and brings up some worthwhile and fascinating ideas.