The post, the related comment thread, and of course the ebook itself are all worth digging into a bit…after doing that myself, here are a few of my random thoughts/opinions on the topic:
1. Distributed networks allow for freedom of speech
- maybe better put freedom of knowledge & freedom of power
- cuts into the idea of “He who has the gold, makes the rules”
2. It allows for a global currency that is not tied to a government or corporation
- should allow for stabilization and reliability over time (regardless of regional political events or opinions)
- theoretically removes most tax/tariff opportunities (except when converting in or out of Bitcoin)
- money is not held/used by anyone in the middle (so can not be lost or devalued by them [ can also not be invested or grown by them ])
3. Public privacy
- ownership verified in public
- at the same time no one party, government, or corporation has any inisght into what you actually own/have
- The fact that you own/control something like a digital PO Box is verified by the network (rather than a government, company, or any other 3rd party), but what’s actually in it that box (actual data) is only known and controlled by you (or those you grant access to).
4. A truly inclusive, free, and democratic ‘global economy/society’ will need a technology like this to power it’s policies and transactions (anything less, and the global economy is really just one or two countries setting and enforcing the terms <– which isn’t nec. a bad thing; it’s how it’s always been so far)
This post has received 1 love.
Kevin also talks in more depth about many of the these things around twice a month via his drip campaign and has a day job as CTO of Veritonic. You can also check out some of his open source code on GitHub or connect with him on Twitter @falicon or via email at kevin at falicon.com.
If you have comments, thoughts, or want to respond to something you see here I would encourage you to respond via a post on your own blog (and then let me know about the link via one of the routes mentioned above).