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7 - How to Govern Technology

from Part III - The Future of Decentralization

Published online by Cambridge University Press:  16 January 2020

William Magnuson
William Magnuson
Affiliation:
Texas A&M Law School
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Summary

In this chapter, the author dicusses alternative approaches that governments have available to deal with new technologies. Beginning with an account of Malta's efforts to attract blockchain business to the country, the chapter then goes on to explore three regulatory paradigms for technology: (1) the "do nothing" approach; (2) the permissive approach; and (3) the restrictive approach. The chapter explores the pros and cons of each.

Keywords

bitcoinblockchainregulationinternationalparadigms
Type
Chapter
Information
Blockchain Democracy
Technology, Law and the Rule of the Crowd
 , pp. 173 - 190
Publisher: Cambridge University Press
Print publication year: 2020

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