In this second part, we continue the exploration of civil contract theory by examining Locke’s contributions, which formed the Protestant pillar on which the United States of America was originally founded. He identified the protection of property rights as key—also one of the tenants of Bitcoin. He also foresaw the need to dissolve and renew the social contract in the case that the existing government ceases to protect private property. Jean Jacque Rousseau recognized the need for perfect democracy, which Bitcoin fulfills, while Rawls noted that a central authority was unnecessary, as Bitcoin proves. In conclusion, Bitcoin is the ideal implementation of the social contract.

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