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Readers. Thank you, everyone. Its such a pleasure to be here and ive really enjoyed this opopportunity to talk to you about the by far the most peculiar book ive ever written in a longshot. I hope to share that with you today as well as frame some of the questions and issues that it raises. This is a book of one how and several competing whys. The how is, h would you go about creating a digital equivalent for currency, cash and coin . This is a significant technical challenge. You need to create an object trivial to transact, impossible to forge. It must be easy to verify to prove it is what it claims to be under conditions and con saints for all kinds of people and it must be able to carry the information about what it is and what its worth without generating information about how its used for by whom. And it has to do this on platforms, networks a and machines that generate effectively perfect copies and transaction laws and records in their very functioning. In other words, figuring ....
Trivial to transact but impossible to forge and duplicate. And to verify they must be able to carry this information about any information so it has to do some platforms and networks and machines to generate effectively those transaction laws and records so to figure out how to make cash digital is a tall order which raises the question of why you would need to build such a thing in answering that question is surveillance to build parallel covert societies to libertarian economics and money to the pursuit of mortality all of these agendas fed into the creation of that coin and cryptocurrency. This isnt a story of just payment platform but a test to engineer a future society. A technological project i call the speculative fiction these currencies were platforms with the aid they are imagining. And then to inspire fear or hope and not just in relation to the future but one of the things i came to enjoy as i was working on the book is the currency world prick on one of the many terms of p ....
Transact but difficult or impossible to forge and duplicate. It must be easy to verify, to prove that it is what it claims to be under all kinds of conditions and constraints for all kinds of people. It must be able to carry the information about what it is and what its worth without generating any information about how its used or by whom. It has to do this on platforms, networks and machines that generate effectively perfect copies and transaction logs and records in their very functioning. In other words, figuring out the how of how to mix things like cash digital is a very tall order indeed. Which raises the question of why you would need to build such a thing. Answering that question will take us from fighting surveillance to building parallel covert societies to libertarian series of economics and money to the pursuit of human immortality. All of these agendas, all of these wise fed into the creation of bitcoin and the crypto currency and block chain landscape today. This isnt ju ....
Showers on tuesday. We however stay on the mild side of things, 11 12 degrees. Beyond that, we have to ta ke degrees. Beyond that, we have to take a look at what is going on in the atlantic. The atlantic Hurricane Season the atlantic. The atlantic Hurricane Seasonis the atlantic. The atlantic Hurricane Season is drawing to a close but here is sebastian and during the course of friday this will become a hurricane and it will be instead in towards the mid and it is possible that the remnants of this system could enter southern england and northern france as we head into wednesday. We are keeping a close eye on that. Next week, further spells of rain stop quite windy as well and although the week starts off on well and although the week starts offona well and although the week starts off on a mild note, later in the w ....
Europe at the start of the trading day, interesting moves following the record highs from the us on friday. Spinning a profit out of silk. Well speak to the Company Creating sythetic spider threads to make stronger and more sustainable fabrics. In china, we want to know, do you still use a camera . Or is it all about taking snaps with your smartphone . Just use bbcbizlive. Photos and a smartphone . You would never catch me taking a selfie hello and welcome to business live. Janet yellen is currently the worlds most powerful central banker, but her days could be numbered. Thats because us President Donald Trump says he will tell us this week who he wants to be the chair of the Federal Reserve come february. Whoever gets the job will have a huge influence on the worlds biggest economy, and therefore the rest of ....