Bitcoin Digital Law

Bitcoin is regulated outside of the States. But how is it regulated? What kind of law is it? Can we speak of a new source of law operating in the jurisdiction of the internet? Does the jurisdiction of the internet exist?

Is it part of the digital regulation of Bitcoin that it is becoming more and more valuable? Can we as a society begin to regulate ourselves based on the jurisdiction of the internet?

Equally, are Bitcoin's rules difficult to manipulate? Do we have a digital law that is ultimately more robust and secure than any country's constitution?

The author tries to solve these questions with a critical and innovative view. By studying the past we can intuit the future. By delving into the agricultural, industrial, and cognitive revolutions, we can understand what the future will look like with the new internet.

It's no coincidence that the modern state is losing strength and that new forms of government are needed. Bitcoin, Ethereum, Uniswap or Tether manifest a new form of regulation through digital laws operating in the jurisdiction of the internet — not based on states, but on the community itself.

About the Author

Ignacio Ferrer-Bonsoms is a lawyer and legal advisor. He is president of the Blockchain Arbitration & Commerce Society, which operates the first Arbitration Court specialized in blockchain, cryptocurrencies, and artificial intelligence.

Bitcoin is not just a digital currency. Bitcoin is pure law. Since the emergence of the blockchain, it is possible to regulate ourselves in a decentralized, private way, with a law that is digital, self-regulating and self-executing.

We are witnessing the birth of a new law: internet law. Internet technology allows us to be sovereign, to issue digital laws in a decentralized way, and to organize ourselves through new institutions. It is our responsibility to seek social and legal solutions in line with the internet revolution.

Bitcoin Digital Law

Cryptocurrencies & the Internet

About the Author