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Why Lawyers Should Care About Bitcoin

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WHY LAWYERS CARE ABOUT BITCOIN AND BLOCKCHAIN TECH (AND HOW TO GET INVOLVED) PAMELA MORGAN FOUNDER: EMPOWERED LAW PLLC CEO: THIRDKEY.SOLUTIONS BOARD: CRYPTOCONSORTIUM.ORG COLLABORATOR: COALA.GLOBAL @pamelawjd


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LAWYERS CARE BECAUSE BITCOIN IS COOL "INTERNET OF MONEY” INVESTMENT DOLLARS POURING IN SILICON VALLEY WALL STREET @pamelawjd


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LAWYERS CARE BECAUSE BITCOIN CHANGES TRUST TRUST IN PUBLIC REPUTATION AND NETWORK SYSTEMS NOT INSTITUTIONS NO NEED FOR CUSTODIAL ACCOUNTS @pamelawjd


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LAWYERS CARE BECAUSE BITCOIN SHIFTS POWER TRULY GLOBAL SYSTEM PROVIDES ALTERNATIVE TO CURRENT SYSTEMS EMPOWERS INDIVIDUALS @pamelawjd


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LAWYERS CARE BECAUSE BANKING, FINANCE, START-UPS TAX, ESCROW REAL PROPERTY SECURED TRANSACTIONS CONTRACTS ESTATE PLANNING PROFESSIONAL RESPONSIBILITY INTERNATIONAL LAW CORPORATE LAW SECURITIES LAW EQUITY CROWDFUNDING BITCOIN MAY AFFECT… CHARITY & NGOS GOVERNMENT ACCOUNTABILITY GOVERNMENT POLICY CAMPAIGN FINANCE COPYRIGHT EVIDENCE ADR @pamelawjd


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LAWYERS CARE BECAUSE BITCOIN PRESENTS NOVEL LEGAL ISSUES DECENTRALIZED COLLABORATIVE ORGANIZATIONS AUTONOMOUS AGENTS @pamelawjd


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USING BITCOIN IN A LAW PRACTICE TODAY: PROOF OF EXISTENCE @pamelawjd


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Proof of Existence: unalterable date and time stamp for ANY finalized document - confidentiality maintained @pamelawjd


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USING BITCOIN IN A LAW PRACTICE TODAY: NO NEED FOR IOLTA @pamelawjd


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Bitcoin’s Multisignature Feature provides Security Without Custody Typical Configuration: 2-of-3 @pamelawjd


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Facilitates consumer protection through choice and reputation Global marketplace for “arbitrators” @pamelawjd


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USING BITCOIN IN A LAW PRACTICE TODAY: GOVERNANCE CONTROLS @pamelawjd


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Bitcoin’s Multisignature Feature provides Accountability, Auditability, Separation of Duties ANY configuration: X-of-15 @pamelawjd


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USING BITCOIN IN PRACTICE TODAY AND TOMORROW: SMART CONTRACTS @pamelawjd


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“A smart contract is a computerized transaction protocol that executes the terms of a contract. The general objectives of smart contract design are to satisfy common contractual conditions (such as payment terms, liens, confidentiality, and even enforcement), minimize exceptions both malicious and accidental, and minimize the need for trusted intermediaries. Related economic goals include lowering fraud loss, arbitration and enforcement costs, and other transaction costs.” Nick Szabo, Smart Contracts 1994 @pamelawjd


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@pamelawjd


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@pamelawjd


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BITCOIN AND TRANSPARENCY CHARITABLE DONATIONS @pamelawjd


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@pamelawjd


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BITCOIN AND THE LAW LEARN MORE @pamelawjd


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cryptoconsortium.org @_CFour_ @pamelawjd


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coincenter.org @pamelawjd


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@pamelawjd


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@pamelawjd


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BITCOIN AND THE LAW WHAT’S NEXT? @pamelawjd


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@pamelawjd


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BANKING, FINANCE, START-UPS TAX, ESCROW REAL PROPERTY SECURED TRANSACTIONS SMART CONTRACTS ESTATE PLANNING PROFESSIONAL RESPONSIBILITY INTERNATIONAL LAW CORPORATE LAW SECURITIES LAW EQUITY CROWDFUNDING QUESTIONS??? LEARN MORE: COMMONACCORD.ORG PROOFOFEXISTENCE.COM BITRATED.COM BITGIVEFOUNDATION.ORG COINCENTER.ORG BLOCKCHAINWORKSHOPS.ORG CRYPTOCONSORTIUM.ORG CHARITY & NGOS GOVERNMENT ACCOUNTABILITY GOVERNMENT POLICY CAMPAIGN FINANCE COPYRIGHT EVIDENCE ADR @pamelawjd


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