We’ve seen this before When a revolutionary technology comes around, it’s easy to get caught up in the hype without really understanding what the fundamental disruption really is. I saw this happen in the dotcom boom when anyone with a website claiming to be a company got showered with money from investors. The investors and…
This is part 1 of a 5 part series adapted in blog format from my senior research paper titled “Blockchain and the Libertarian Uprising“. Why do we trust a currency backed by a government that is fourteen trillion dollars in debt? Ever since 1971, when Nixon announced that US dollars could no longer be redeemed…
This is part 2 of a 5 part series adapted in blog format from my senior research paper titled “Blockchain and the Libertarian Uprising“. THE BLOCKCHAIN PRINCIPLES The bitcoin example allows us to contextualize the disrupting effects blockchain. Don Tapscott, the co-founder of the Blockchain Research Institute, outlines “7 Design Principles of the Blockchain Economy”…
This is part 4 of a 5 part series adapted in blog format from my senior research paper titled “Blockchain and the Libertarian Uprising“. THE LIBERTARIAN PROTOCOL One of the first promising non-cryptocurrency applications of blockchain is the smart contract. A contract is generally a written agreement between two parties (e.x. A tenant agrees to…