Cryptocracy Gold

Manuf. Cryptocracy
Year 2016
Denom. 1 BTC
Type PF, UF
Mintage 100
Material Gold Pl. Brass
Diameter 45 mm
Thickness 2 mm
Weight 37.0 g
Country USA

Category:

Description

The name ‘Cryptocracy’ suggests
‘rule by crypto’ (that is, a
democracy somehow enhanced by
the use of encryption and related
technologies). The meaning of
this word is loose, though things
like blockchain-based voting and
the public tracking of government
funds via similar channels are
potential embodiments of the
term. The base theory is that
anything recorded in a blockchain
is permanent and verifiable;
promoting transparency and
discouraging corruption. These
coins celebrate this new concept
which may well demand attention
in the future.