Azeem Azhar's Exponential View cover image

Technology and Redistribution of Power (with Yanis Varoufakis)

Azeem Azhar's Exponential View

CHAPTER

Block Chain - The New Human Right

Block chain offers us the centralized thrust creating systems. If you have a transaction on one of the crypto platforms, whether it's etherium or bit coin or whatever, what happens is quite astonishing. You register your er identity. Your identityis checked by hundreds and of thousands, if not millions, of compluters. And then the transaction that you make and is also verified by millions of computers. So no one knows exactly who you are and what you've done. But the system as a whole, the community as a whole,. has contributed to the verification of this transaction. i'm deeply worried by their dangerous fantasy that this can replace money in capitalism.

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