A New York taxi medallion went from $1.3 million to $140,000. GPS plus smartphones plus Uber destroyed the monopoly.

But the same technology was available everywhere — and some countries accepted it while others blocked it. The pattern isn't random. Countries where citizens once fought to break centralized power accepted Uber. Countries without that history protected the gatekeepers.

And the chain traces all the way back to a printing press in 1440.

This is a five-hundred-year butterfly effect. And it's happening again — with Bitcoin.

Episode 3 of Bitcoin Is Not Finished.

Infographic and full essay available at bitcoingeekend.com