Our 3rd essay in the Bitcoin Only Series is now posted on the
@BitcoinMajlis blog.
Read it here:
http://bitcoinmajlis.org/bitcoin-only-series-3-4-ethical-issues-of-crypto/
This one talks about the ethical issues related to crypto, which draws from our previously published piece on “halal blockchains” due to its relevance to the topic.
To summarize, the crypto space is fraught with ethical issues related to project inception, founder influences, and token distribution models, governance practices, upgrade processes, and protocol enforcement.
Bitcoin stands apart. Its fair initial distribution, lack of ICOs or premines, credible neutrality, leaderless development, and respect for user autonomy make it ethically distinct from the crypto space.