HARRY 3 on Nostr: From one of the most prescient books ever written The Sovereign Individual. ( way ...
From one of the most prescient books ever written The Sovereign Individual. ( way back in 1997)
“In the information age , individuals will be able to use cyber currencies and thus declare their monetary independence. When individuals can conduct their own monetary policies over the internet it will matter less or not at all that the state continues to control the industrial - era printing presses. ( mind you money printing, as we know it today did not start until 3 years after this book was published!!??)
Their importance for controlling the world’s wealth will be transcended by mathematical algorithms that have no physical existence.
In the new millennium, cybermoney controlled by private markets will supersede fiat money issued by governments.
Governments will violate human rights, censor the free flow of information, sabotage useful technologies, and worse.”
(Surely this book, that Satoshi must have read, had a huge influence on the Bitcoin protocol and its growing success?)
“In the information age , individuals will be able to use cyber currencies and thus declare their monetary independence. When individuals can conduct their own monetary policies over the internet it will matter less or not at all that the state continues to control the industrial - era printing presses. ( mind you money printing, as we know it today did not start until 3 years after this book was published!!??)
Their importance for controlling the world’s wealth will be transcended by mathematical algorithms that have no physical existence.
In the new millennium, cybermoney controlled by private markets will supersede fiat money issued by governments.
Governments will violate human rights, censor the free flow of information, sabotage useful technologies, and worse.”
(Surely this book, that Satoshi must have read, had a huge influence on the Bitcoin protocol and its growing success?)