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What if bitcoin went to zero? - The Economist
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Each of those can be challenged. You select any market, and this innovation holds big capacity to disrupt it, creating a more prosperous world where individuals get to participate in the worth that they develop. The music market, for example, is a disaster, at least from the point of view of the artists.
Then, along came the technology business, which took an entire lot of value, and the songwriters and artists are left with crumbs at the end. What if the new music market was a distributed app on the blockchain, where I, as a songwriter, could post my tune onto the blockchain with a clever agreement defining how it is to be used? Possibly as a recording artist posting my music on a blockchain music platform, I'll state, "You listen to the music, it's free.
You put it in the film, the wise agreement pays me." Or how about using This Article Is More In-Depth for a ring tone? There's the clever agreement for that. This is not a pipe dream. Imogen Stack, who's a dazzling singer-songwriter in the United Kingdom, a very popular recording artist, has actually now belonged to producing Mycelia, and they're dealing with an amazing company called Agreement Systems, that's all around the world, blockchain developers, using the Ethereum platform; Ethereum is one blockchain.

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Beyond Bitcoin: Inside the insane world of altcoin cryptocurrencies - CNET
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I fully anticipate that numerous huge recording artists will be seriously investigating a whole new paradigm whereby the artists get made up for the worth that they produce. What could go incorrect? I'm not a futurist. I believe the future's not something to be predictedit's something to be achieved. What we're arguing is that this technology is revolutionary and holds vast capacity to alter society.