A few weeks ago, I introduced you to how Blockchain works. This offering is about how it can create digital trust. But first, let me remind you – Blockchain is a complicated topic, so thanks for your continued focus.
To understand Blockchain, we must first contemplate the primordial role of trust. Just as every chemical process in the human body takes place in the medium of water, every human interaction – each one – takes place in the medium of trust. As civilization, societies, and markets evolved, all were made manifest by the existence of, and singular devotion to trust. It’s the cornerstone, the keystone, and the capstone of our civilized existence. As the original open-source model, trust is the intangibly awesome foundation of equilibrium and creator of order.
This will be on the test: For 10,000 years, humans required analog trust. In the Digital Age, humans will require digital trust. As open-source technology beyond cryptocurrency, Blockchain is enabling trust’s metamorphosis from analog to digital, as it becomes synonymous with digital trust.
For Satoshi Nakamoto, creating Bitcoin was easy. But making his peer-to-peer cryptocurrency deliver on[Continue Reading]