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Is Crypto Really a Revolution? | Coinage Episode 06
Identifying just how revolutionary a new technology might be is always easier with hindsight.
The telegraph, radio, television — all great iterations on a technology looking to improve man's ability to communicate and all revolutionary in their own eras. But none of those improvements feel quite as revolutionary as the dawn of the Internet.
The Internet opened up information for anyone and everyone at scale. And despite the best attempts from gatekeepers, it remained open in its access for all. In a very similar sense, that same revolution is playing out again as blockchain technology enables crypto and its users to power a completely open and permissionless system of money for the first time.
But fitting a new system in with old rules means crypto might have to compromise. In Coinage Episode 6, we chat with crypto pioneer Erik Voorhees about where the line should be drawn in the revolution.
The telegraph, radio, television — all great iterations on a technology looking to improve man's ability to communicate and all revolutionary in their own eras. But none of those improvements feel quite as revolutionary as the dawn of the Internet.
The Internet opened up information for anyone and everyone at scale. And despite the best attempts from gatekeepers, it remained open in its access for all. In a very similar sense, that same revolution is playing out again as blockchain technology enables crypto and its users to power a completely open and permissionless system of money for the first time.
But fitting a new system in with old rules means crypto might have to compromise. In Coinage Episode 6, we chat with crypto pioneer Erik Voorhees about where the line should be drawn in the revolution.
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By CoinageIdentifying just how revolutionary a new technology might be is always easier with hindsight.
The telegraph, radio, television — all great iterations on a technology looking to improve man's ability to communicate and all revolutionary in their own eras. But none of those improvements feel quite as revolutionary as the dawn of the Internet.
The Internet opened up information for anyone and everyone at scale. And despite the best attempts from gatekeepers, it remained open in its access for all. In a very similar sense, that same revolution is playing out again as blockchain technology enables crypto and its users to power a completely open and permissionless system of money for the first time.
But fitting a new system in with old rules means crypto might have to compromise. In Coinage Episode 6, we chat with crypto pioneer Erik Voorhees about where the line should be drawn in the revolution.
The telegraph, radio, television — all great iterations on a technology looking to improve man's ability to communicate and all revolutionary in their own eras. But none of those improvements feel quite as revolutionary as the dawn of the Internet.
The Internet opened up information for anyone and everyone at scale. And despite the best attempts from gatekeepers, it remained open in its access for all. In a very similar sense, that same revolution is playing out again as blockchain technology enables crypto and its users to power a completely open and permissionless system of money for the first time.
But fitting a new system in with old rules means crypto might have to compromise. In Coinage Episode 6, we chat with crypto pioneer Erik Voorhees about where the line should be drawn in the revolution.