Discover and read the best of Twitter Threads about #indexedfinance
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Bitcoin is changing our relationship to money.
It's also changing our relationship with the court system. ⚖️
Many thanks to @BitcoinMagazine for publishing my article exploring Bitcoin's disintermediation of the civil justice system.
A summary thread:
bitcoinmagazine.com/culture/how-ci…
It's also changing our relationship with the court system. ⚖️
Many thanks to @BitcoinMagazine for publishing my article exploring Bitcoin's disintermediation of the civil justice system.
A summary thread:
bitcoinmagazine.com/culture/how-ci…
1/ How is #Bitcoin disintermediating the civil justice system? By limiting the effectiveness of *money judgments.*
2/ Civil justice systems remedy wrongs through money judgments. To satisfy money judgments, third-party intermediaries (banks or custodians) are served with “writs of garnishment” forcing turnover of the judgment-debtor’s assets to the judgment-creditor.
