Divergent Progress In The Physical And Digital Worlds

2021-9-30 22:02

Discussing how erroneous economic systems can be repaired with Bitcoin.

Watch This Episode On YouTube

Listen To This Episode:

BitcoinTVAppleSpotifyGoogleLibsynOvercastRumbleAudible

It is hard to argue with the assertion that Silicon Valley and the tech world are the spaces that are driving growth in the contemporary world. But why exactly is that?

In this episode of the “Bitcoin Magazine Podcast,” we were joined by Rob Hamilton, who published “Why Has The Physical World Not Progressed Like The Digital?” in Bitcoin Magazine recently, and we used this opportunity to unpack his piece.

“I think as Bitcoiners, the answer is, we have to build our own institutions,” Hamilton said.

As Hamilton shared his thoughts around how erroneous economic systems can be repaired with Bitcoin, he addressed damages caused by the short-sightedness of the business world. In our current fiat system, operators and large businesses are rewarded, causing us to be short-sighted in the wake of misaligned incentives.

“If the interest rate is higher, you are going to be rewarded today for holding into the future, and also the higher the interest rate, the more punished you will be for capital misallocation, because that is your opportunity cost of money,” Hamilton said.

Hamilton shared information about the blockchain online, offering massively-insightful and thought-provoking ideas for our listeners. Tune in to hear about the important role of institutions, where they go wrong, and the looming replacement of many of the current institutions and systems as we know them. 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

V Systems (VSYS) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0018093
Капитализация $0 Rank 99999
Цена в час новости $ 0.0213773 (-100%)

systems economic erroneous bitcoin repaired discussing progress

Источник: bitcoinmagazine.com

systems economic → Результатов: 62


Fear of Libra’s Stablecoin Replacing Domestic Currencies Is Greatly “Overstated:” Fed Reserve

Federal Reserve economists disclose that project Libra’s ability to disrupt economies may have significantly been “overestimated” and overstated by policymakers. The report released on Monday shut down the extremist's statements that the earlier version of one Libra stablecoin could replace the global economic systems as we know them today. The report arose from a prototype […]

2020-6-23 21:36


World Economic Forum to Tackle Corruption In Public Procurement Across Colombia Using Ethereum’s Blockchain

Global public procurement consists of over ten trillion dollars in expenditure but close to 10-30 percent of this money is swallowed up by corruption; something the WEF seeks to solve. The process offer tenders have switched from manual systems to a digital system to increase accountability, but certain loopholes still exist in the chain. The […]

2020-6-18 21:28


Interview With Nils Thomsen About How Lotto Nation is Revolutionising Online Lotteries With Blockchain

The digitization movement is in full gear, thanks to the realization that legacy systems are less efficient in certain economic conditions. Alas, company heads and entrepreneurs are coming to terms with the economic importance of executing everyday processes with tailor-fitted technologies to circumvent recurring challenges.

2020-5-31 11:03


Фото:

World Economic Forum Launches Blockchain Toolkit for Supply Chains 

The World Economic Forum (WEF) has launched a blockchain tool-kit aimed at fixing some of the bottlenecks in the supply chains. Called Redesigning Trust, the blockchain deployment toolkit explains in clear terms how to put together a Minimum Viable Ecosystem (MVE) of supply chain participants that will reap the benefits of automating their systems andRead MoreRead More.

2020-4-29 05:00


Фото:

Coronavirus Forces China to Sanitize Billions in Paper Money, Bitcoin Avoids Such Precautions

China’s central bank, The People’s Bank of China (PBoC), plans to sanitize billions of yuan notes in areas that are worst affected by the coronavirus. The epidemic, which has hit China’s political, economic, and education systems very hard, has pushed the nation’s authorities to take extreme actions to curb the spread of the virus.

2020-2-19 23:20


Фото:

India doesn’t want WhatsApp sharing your payment data with Facebook

Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times.

2019-7-26 09:40


Фото:

UK drafts collaborative plan to crack down on cryptocurrency crime

The UK government is seeking to crack down on the use of crypto assets for money laundering or other illicit activities. To do so, the government has published the Economic Crime Plan, agreed between the Chancellor Philip Hammond, Home Secretary Sajid Javid, and heads of law enforcement, major financial institutions and legal, accountancy and property organisations.

2019-7-15 14:54


Bitcoin’s decentralized nature will render military superiority, economic sanctions irrelevant

A lot has been debated about whether Bitcoin would eventually disrupt traditional systems, or whether the latter would just embrace the technology. The decentralized ledger technology has undoubtedly garnered the attention of skeptics, as industry giants are looking forward to revolutionizing the existing system by leveraging the underlying tech or jumping into the cryptocurrency ecosystem […] The post Bitcoin’s decentralized nature will render military superiority, economic sanctions irrelevant appeared first on AMBCrypto.

2019-7-2 01:30


Фото:

Here’s why India wants to build its own WhatsApp and Gmail

The Indian government is reportedly planning to build its own WhatsApp-like chat platform to facilitate secure communications for government agencies, according to news outlet Economic Times. The move is meant to reduce the country’s reliance on US technology companies, and ensure that all communication and data transmitted over the service will be stored locally in the country.

2019-6-27 14:22


Фото:

Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.

2019-4-2 21:54


Meritocratic Lab. ICO

Meritocratic Lab. born from the desire to spread a new concept of meritocracy and recognition of talent and commitment in contemporary society. Within our Marketplace, through the agreement with our business partners, we provide and publicize goods and services that can be purchased with an ERC20 token, called “MRC”, created specifically for the MeritocraticLab ecosystem, based on Blockchain Ethereum.

2018-12-22 12:33


Фото:

Blockchain-based Payments and Invoicing System Comes to China’s Shenzhen Port

The Chinese port of Shenzhen is progressing with blockchain initiatives in a major way. After setting up a virtual blockchain exchange and blockchain-based city and port management systems, the municipality looks towards solving the problem of invoicing and customer claims using the technology, reported local publication Economic Daily on December 13, 2018.

2018-12-15 22:00


Фото:

IMF: Crypto Growth ‘Could Create Vulnerabilities’ In Economy

The International Monetary Fund (IMF) briefly cautioned on the impact of cryptocurrency as part of a new report on global finances. Report Highlights ‘Sources Of Risk’ The body’s World Economic Outlook, highlighting “challenges to steady growth” going forward, suggested a relationship between cryptocurrency usage and the economy becoming more “vulnerable.

2018-10-9 18:00


Фото:

Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


Фото:

Promoted: The Future of Online Shopping Is Powered by Spl.yt — A Decentralized E-Commerce Protocol

As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.

2018-7-16 19:45


Tkeycoin DAO ICO

TCD Corporation (formerly Holding BR) is an IT company engaged in the development of modern solutions for the economic and public spheres of activity. Since October 2017, TCD Corporation has been designing and developing a new cryptographic decentralized platform - "Tkeycoin DAO" for payment systems, banking and financial sector.

2018-7-12 22:56


дальше еще 13 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bril Finance – The New Era of DeFi

Connor O’Shea is the CEO of Bril Finance, a cutting edge DeFi UX for seamless access to professional-grade portfolio management algorithms and yield strategies.

Gary Said Yes – Bitcoin Spot ETFs Approved!

In a historic move, the SEC today announced that it has approved eleven Bitcoin Spot ETFs. U.S. investors will now be able to gain exposure to Bitcoin when trading begins tomorrow. Andy marks the historic occasion by recapping the days events and looking forward to what happens next for Bitcoin.