( Full title)
Gilder is usually worth paying attention to. This book has been on my Christmas List for awhile.
I have a feeling that somehow this is a part of the end times of Biblical prophecy.
bump for later
I, for one, do not welcome Fahrenheit 451.
Sigh. Blockchain is a buzzword.
As currently implemented, most if not all blockchains have numerous inherent security flaws and other issues. For one example, most blockchains use standard private/public key cryptography based on the difficulty of factoring large composite numbers. The public keys are published in the chain. Quantum computing is going to render that completely useless from a security perspective — in fact already has for smaller sized keys. For another example, validating a transaction using most blockchain implementations takes far too long to be viable for point of sale and other transactions.
Could go on and on about these and other problems, but why bother? Most people will just buy into the buzz...
What is a Blockchain and why should I care? If possible; please answer in one easy to understand sentence for dumb people.
One E.M.P. WAR and it all goes to crap !
Google does not get me.
If they did, I would get ads for M1A's, accessories, 762 & 556 amunition...
So, no ad hits from me.
BTW, bitcoin is only one of the many users of blockchain.
Currency trading is the largest worldwide business, by far. Traders are jumping on the security that blockchain offers to their transactions.
First part of book is good. He lays out the case for a flattened network (ie blockchain) rather than the current model of data silos (Google, FB). If we can establish Gilder’s vision of a “blockchain economy”, we take control of our data and siphon off the big data silos that collect our data and make money off us.
I do not see TPTB in this fallen world allowing individuals that much freedom.
Follow the money means there has to be money to follow. This sounds too utopian to my jaded ears.
Another new internet model that someone will find a way to be at the top of the pyramind over. The game changes hands but does not really change.