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Tag: economics

How advanced is humanity (Star Trek scale)?

How much has humanity advanced since the first episode of Star Trek? And how far are we from the world depicted in the show? This post tries to answer these questions. 54 years have passed since the first episode of Star Trek aired. Star Trek is set in an advanced [..]

The journey from a coffee machine to bitcoin (II)

  In a previous post we learned how we needed a way to exchange goods and services and how our ideas, while growing on sophistication, wound up in catastrophic failures once and again. Until we discovered bitcoin.   Economic system number 6: Bitcoupon (yes, this is bitcoin)   Satoshi [..]

The journey from a coffee machine to bitcoin

How the need for a reliable monetary system leads to the discovery of blockchain through a series of catastrophic failures I remember when we moved to our new offices. They were spacious, bright and squeaky clean, but they weren’t cozy. Going from point A to point B was always [..]