Is history repeating itself? Believe it or not, crypto could follow the path of railroads, which were skeptically perceived at the start before massively impacting society.
You are about to read a half-fiction witty story based on Stuart Hylton’s review of “the making of Modern Britain” and my interpretation of the blockchain’s impact on today’s world. I found it fascinating how the description of the industrial age front-runner technology resembled the awe and fear of blockchain in modern times. Some quotes are so relevant that changing the “railroad company” to “blockchain protocol” would give the same shilling.
The physical impact of railways was dramatic: “great mechanical horses, breathing fire and smoke and drawing impossibly heavy trains at unimaginable speeds, across a landscape transformed by the embankments and cuttings, viaducts and tunnels their passage demanded.” Stuart Hylton depicts the powerful role that emerging industry, often scary and speculative, has had on Britain, a selected case for a thorough review.
Ironically, Satoshi never mentioned “blockchain” in his white paper of 2008. It was the Bank of England that argued in 2014 about a “distributed ledger” being the “[t]he key innovation of digital currencies.” The following year two popular financial magazines raised awareness of the concept when Bloomberg Markets released an article entitled “Blythe Masters Tells Banks the Blockchain Changes Everything” and The Economist published “The Trust Machine.
“We see, in this magnificent creation, the well-spring of intellectual, moral and political benefits beyond all measurement and all price,” mentioned The Quarterly Review, now taking an opposite side at the opening of the Liverpool and Manchester Railway, 1830.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Crypto Mortgages: How You Can Buy a House Using a Crypto-Backed LoanFor crypto-rich homebuyers who never want to cash out their digital assets, crypto-backed mortgages could be a good option. sndr_krisztian reports on what you need to know:
Baca lebih lajut »
Ice Cube brings NFTs to BIG3 with historic crypto transactionRapper and BIG3 founder Ice Cube says the league has 'changed the game' with MyDoge Chairman Bill Lee's $600,000 dogecoin purchase of the Aliens.
Baca lebih lajut »
Nvidia misled investors about impact of crypto mining on its business, SEC allegesUS securities regulators say Nvidia knew cryptocurrency miners had been eating into sales of graphics cards meant for gaming but had illegally withheld that fact from investors who repeatedly asked about crypto mining's impact on Nvidia's gaming segment
Baca lebih lajut »
Argentina's Central Bank to Ban Local Institutions From Providing Crypto ServicesThe BCRA said there are still no rules established on the Argentine's crypto sector, and as such, local banks can not offer digital asset services.
Baca lebih lajut »
Senator Introduces Financial Freedom Act to Allow Crypto in Pension PlansAlabama Senator Tommy Tuberville has introduced a new bill that could pave the way for crypto assets to be included as part of 401(k) retirement plans.
Baca lebih lajut »
Katie Haun's Crypto Fund Led a $50M Fundraiser for NFT Marketplace ZoraFollowing the $50 million investment, Zora's valuation reached $600 million.
Baca lebih lajut »