Channel: Learn Liberty

Category: Education

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Description: Smart Contracts are an important part of blockchain technology. In this video, we will explain what do we mean by contracts and how they can be complete and incomplete, and why the blockchain is a fantastic technology to accomplish reduction of transaction costs. LEARN LIBERTY: Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at learnliberty.org.