Revolution and Reformation, from the Printing Press to the Cryptocurrency/Token Revolution

in #revolution7 years ago

Revolution and Reformation, from the Printing Press to the Cryptocurrency/Token Revolution

“What's most exciting about where we're at with
crypto currencies and tokens is that
this, in theory, should lead to a Cambrian
explosion of experimentation in
socio-economic systems. [This is] because, in theory,
anybody has a money printing press, right?
If you think about the the last major
Revolution, it was the printing press
that led to the Reformation. I think it
also led to 100 year war religious war
as well so there's pros and cons to both
sides. But, you know, at that point, it was
previously the Catholic Church [who] controlled
literature. And then all of a sudden, the
average Joe can print a book, disseminate, and distribute it.
I think this is revolutionary. Now anybody,
anywhere in the world, can create their
own currency to power their own digital
economy. And they can configure it to
whatever dimensions they want, to
serve whatever agenda they want.
So I'm hopeful, as an optimist, that
experimentation is going to see lots of different examples
of how we can live and organize.
And the beautiful thing about it is we'll be
able to kind of quantify how they
perform. And so if you imagine that it's
kind of, you know, monkeys with
typewriters, right? If there's enough
monkeys printing their own tokens,
eventually, we're gonna we're gonna find
a system or a kind of spectrum of
systems that we can kind of opt into.
Because the most exciting thing about
when you think as an investor now we're
not investing in companies anymore we're
investing in communities to realize digital economies.”

  • CEO & Investor at OutlierVentures, Jamie Burke