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This ultra-simplified explanation clarifies the absolute basics of a subject that has become shrouded in myth and mystery.

The blockchain, crypto-currencies (or cryptocurrencies) like bitcoin, distributed ledgers and smart contracts are, actually, stuff you already know..

Much political capital is being made of the USA's dispute with Apple over encryption of its iPhone and of Google's support for Apple. But the fact is that we've all got peel in this game and the arguments on both sides are insufficiently made.

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