New Books in Science cover image

Joseph Reagle on H. G. Wells's "World Brain" (1937)

New Books in Science

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The Block Chain and Cryptocurrency

The technological vision tends to be utopiic, like this is going to be the harbinger of a grand new world. You mentioned a block chain in your last question. And my take on that is that people are selling all kinds of nonsense. Any currency is really only as valuable as what other people are willing to give it, give you for it. But perhaps it's also going to be like the toot the tulip o fiasco in a the netherlands almost a century ago.

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