The Coming Digital Anarchy

Posted by Zenphamy 9 years, 11 months ago to Technology
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Although the author describes AR in these terms: "the kill-or-be-killed ethos of the paranoid libertarian capitalist Ayn Rand" he describes a new world generated from blockchain, the underpinning of Bitcoin that is being applied to everything.

'Daniel Larimer, who is working on a tool called Bitshares to apply blockchain technology to banking, insurance and company shareholding, believes that this new breed of technologies will ultimately render government entirely obsolete.

“If you think about it, what is the reason for government? It’s a way of reaching global consensus over the theory of right and wrong, global consensus over who’s guilty and who’s innocent, over who owns what.

“They’re going to be losing legitimacy as more open, transparent systems are able to provide that function without having to rely on force. That’s my mission in life.”'

How much of this is driven by libertarianism compared to Objectivism, I haven't completely thought through yet - but the first reading makes me want to study block chain a lot more in depth. But a great article nevertheless.


All Comments

  • Posted by 9 years, 11 months ago in reply to this comment.
    straight: That's what interested me in the article. All the new directions and possibilities, and it's the young cyber group that's really showing the oomph. These may turn out to be the new revolutionaries.
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  • Posted by $ MikeMarotta 9 years, 11 months ago
    We have a Bitcoin Meetup here in Austin. You might want to see if you have one near you.

    I had some basic questions.
    * How do you know a secure wallet? (If anyone can claim to be YourBitCoinWallet.com, who have you just given your money to?)
    Apparently, coinbase.com is tied somehow to BAIN, the Mitt Romney firm, for what that may be worth one way or the other...
    I was told that there are three ways to store your coins: online, offline, and in the middle.

    I took notes as I asked my questions of different people, sort of a Delphi Method. The next step for me is to read the SATOSHI NAKAMOTO WHITE PAPER.

    The Nakamoto Institute here:
    http://nakamotoinstitute.org/
    His paper here:
    http://nakamotoinstitute.org/bitcoin/

    The Bitcoin wiki
    https://en.bitcoin.it/wiki/Main_Page
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  • Posted by 9 years, 11 months ago in reply to this comment.
    Mike: Check out the work that Cody Wilson, (the 3D printed gun) is currently doing, he's branched into a new project to develop a new system called BlackWallet (?). It sounds pretty interesting.
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  • Posted by straightlinelogic 9 years, 11 months ago
    That was a good article and takes my mind in a lot of different directions. Thanks for posting it.
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  • Posted by $ MikeMarotta 9 years, 11 months ago
    it is interesting to note that people - young people, especially - who are supposedly weak in mathematics at school can navigate cryptosystems when given a slight monetary incentive.
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