“People on average don’t change until they have to.”
So true—making lifestyle changes for individual early adopters almost impossible.
I've always wondered why more folks didn’t act differently against terrible oppressive movements throughout history (like fascism in Germany circa 1940s, or Jim Crow in US), where the oppression was literally at their doorstep, but now I get it, people can’t act alone, only as groups (families, tribes, neighbors, etc.). And, this group dynamic puts downward pressure on even the most logical or reasonable actions.
I understand your bullish perspective on Blockchain in the near term, but I must say that, even on a timescale of 20 years or so, I think you will impressed by how quickly this "distributed" technology will concentrate into fewer and fewer hands. It's already happening with the concentration of bitcoin mining operations. Personally, I won't play the first player advantage game with Bitcoin--it just doesn't feel ethical.
The conversation revolved around bitcoin, and only mentioned one other blockchain currency once in passing. I'd like to better understand Lyn's position on the plethora of blockchain currencies out there vs. bitcoin. Bitcoin is the only proof of work digital currency as far as I know. I don't know how many of them are "open source." Also, there are many "open source" kinds of licensing - Gnu, creative commons, MIT, ATT, Berkeley, etc. We need to hear more about that. As for blockchain servers soaking up energetic excess and waste heat from under-utilized generators, what happens when the fossil world shifts around and those same generators either become over-utilized or under resourced?
Personally, I think that land ownership is going to trump any kind of currency, digital or otherwise, at some point in the future, when people realize they need it to eat. You can't eat gold. You can't eat paper. And you certainly can't eat bits.
I appreciated last week on AI and oil. Gave me a much better understanding of how it is a wildcard in positive and negative ways, looping back over each other! Thanks
“People on average don’t change until they have to.”
So true—making lifestyle changes for individual early adopters almost impossible.
I've always wondered why more folks didn’t act differently against terrible oppressive movements throughout history (like fascism in Germany circa 1940s, or Jim Crow in US), where the oppression was literally at their doorstep, but now I get it, people can’t act alone, only as groups (families, tribes, neighbors, etc.). And, this group dynamic puts downward pressure on even the most logical or reasonable actions.
I understand your bullish perspective on Blockchain in the near term, but I must say that, even on a timescale of 20 years or so, I think you will impressed by how quickly this "distributed" technology will concentrate into fewer and fewer hands. It's already happening with the concentration of bitcoin mining operations. Personally, I won't play the first player advantage game with Bitcoin--it just doesn't feel ethical.
The conversation revolved around bitcoin, and only mentioned one other blockchain currency once in passing. I'd like to better understand Lyn's position on the plethora of blockchain currencies out there vs. bitcoin. Bitcoin is the only proof of work digital currency as far as I know. I don't know how many of them are "open source." Also, there are many "open source" kinds of licensing - Gnu, creative commons, MIT, ATT, Berkeley, etc. We need to hear more about that. As for blockchain servers soaking up energetic excess and waste heat from under-utilized generators, what happens when the fossil world shifts around and those same generators either become over-utilized or under resourced?
Personally, I think that land ownership is going to trump any kind of currency, digital or otherwise, at some point in the future, when people realize they need it to eat. You can't eat gold. You can't eat paper. And you certainly can't eat bits.
I appreciated last week on AI and oil. Gave me a much better understanding of how it is a wildcard in positive and negative ways, looping back over each other! Thanks