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The Crypto Renaissance Has Begun | Josh Rosenthal

Empire

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The Middle Ages - A Brief History

The middle ages could be described in one word, which was just aggregated. Like both value and information were centralized. Culture was topped down. The church held the power. You were a farmer, your dad was a farmer. Your kids are going to be farmers. And identity, therefore, was very permissioned. Only five percent of the population was literate. Literacy was extremely low. Boom, you get two technologies. It increased the money velocity. A huge threat to the church. Sounds like they tried to ky s it. Couldn't shut it down. But no, we get meams a.k.a bitcoin or ether instead.

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