Peer2Politics
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Peer2Politics
on peer-to-peer dynamics in politics, the economy and organizations
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The Heretic's Guide to Global Finance: Hacking the Future of Money: The dark side of digital finance: On financial machines, financial robots & financial AI

The Heretic's Guide to Global Finance: Hacking the Future of Money: The dark side of digital finance: On financial machines, financial robots & financial AI | Peer2Politics | Scoop.it

Fast-forward to 2016 and we’ve entered into a world no longer dominated by tools, but by machines. The crucial difference between a tool and a machine is that the former relies on human energy, while and the latter relies on non-human energy channelled via a system that replicates - and accentuates - the action of a human using a tool. The carpenter is now a furniture corporation using computer-programmed CNC cutters. Likewise, the bank that keeps score of that company’s money runs humming datacentres with vast account databases. These are digital equivalents of the old ledger books, drawing upon fossil-fuel generated electricity to write and hold information as magnetised atoms on hard-drives.
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The resolution of the Bitcoin experiment — Medium

The resolution of the Bitcoin experiment — Medium | Peer2Politics | Scoop.it
I’ve spent more than 5 years being a Bitcoin developer. The software I’ve written has been used by millions of users, hu…
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