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Tag: money

Is DeFi the new bitcoin?

No site about technology can be complete without a study of one of the most important breakthroughs in tech in history. That’s blockchain. In 2017 there was a huge bubble, followed by a huge burst. The burst was so big that many people, including many pundits, shrugged the technology [..]

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 [..]