Bitcoin And The Internet Are Bringing The End Of Nation States
Like the printing press before them, the internet and Bitcoin’s blockchain innovation are irrevocable forces driving the end of nation-state power.This article was originally published in Uncharted Territories.It’s 2050. The U.S. government just defaulted on its debt. It’s not meeting its social security payments. Hospitals are going down: they can’t operate without Medicare and Medicaid income. Old people line up outside the hospitals, hospitals don’t service them, they can’t afford it. There's a run on the banks that held too many dollars, they are collapsing. All of the governments....
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A conversation about Bitcoin’s ecological footprint, why Bitcoin is such a big organism and the shift from individual to nation-state adoption.
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In 2011 the UN released a report declaring the internet a Human Right, but over a decade later millions of people in developing countries still lack the necessary means for a simple WiFi connection, many of which reside in Latin America. This is due to industry control by a few large Internet service providers (IPSs), with a preference to upsell to their established customer base, rather than expanding to untapped regions in which millions of people are in dire need of connectivity. A Question of Human Rights These companies fail to prioritize sufficient connection quality & network....
A nation state is defined by UNESCO as one where the great majority are conscious of a common identity and share the same culture. Currencies and nations. The socio-cultural parts of a nation state form its backbone. Indeed, it is possibly for one nation to have multiple currencies or for many nations to share one. However, with the advent of the Internet, things have been rapidly changing. Traditional borders which were stiff and inflexible have melted away in the sense that today people can work internationally without having to leave the comfort of their own home countries. Sources of....
Cats are worshipped. They are the most popular pet in the world. People who own cats have a strange and strong obsession with these furry and elusive creatures. This deep respect, admiration and possible obsession is very noticeable now that we're all on the Internet. I think it's safe to say that the power of the cat on the Internet cannot be overstated. Take for example the 'art wave' of Internet cat videos. TIFF, a charitable cultural organization whose projects include the annual Toronto International Film Festival in September, actually showed a nation-wide film reel of popular cat....