Here's why it matters from a policy perspective... about Blockchain with open source software
The computer code undergirding each major cryptocurrency and open blockchain project is developed as open source software. Regulators and policymakers looking into cryptocurrencies but unfamiliar with open source software may have an incorrect mental model: one wherein software-based systems are (and must be) developed by one or a handful of for-profit companies. While plenty of important software projects are developed in this way (e.g. Microsoft’s Windows or Oracle’s RDBMS), open source projects are different and that difference can and should help shape public policy.
Open source software is collaboratively produced, shared freely, published transparently, and developed to be a community good rather than the property or business of a single company or person. When a project is developed open source there isn’t a single chokepoint in the development process, no company or individual that makes, owns, and sells the software. Just as there is no single company that powers the Bitcoin network, neither is there one company that makes the software that, when run on internet connected computers, creates that network. This decentralization in technology production has several profound benefits and can be difficult to grasp for those not familiar with software development.
To better understand the power and nature of open source, it is helpful to first understand a bit about one particularly successful piece of open source software: Linux, the open source operating system.
Good Platform = (Bitcoin + Blockchain )*HighTech Software+OpenSource/securityDistributed
