Introduction. The advent of Bitcoin and other crypto-currencies, which are dependent on blockchain, have catapulted this new technology into the limelight. As a result, an endless stream of articles and purported explanations of blockchain have appeared in recent years. A Google search on the term “blockchain” turned up over 200 million entries at the time of writing. The challenge of…
Information, like energy, is a property of a system. In some sense it comes into existence in the relationship between a "source" and a "processor". Neither energy nor information can be apprehended directly. Both are manifest in changes in the state of a system.
The World's 85 Richest Now Worth as Much as 3.5 Billion Poorest
Just as technological and economic innovations in an earlier period underpinned the evolution of the centralized nation state, current innovations are undermining those same states. The great nation states, despite their military prowess, are doomed like the dinosaurs of old, unable, unwilling or insufficiently nimble to meet the threat to their dominance posed by agile virtual organizations that have no sense of national identity.
"You load sixteen tons, what do you get Another day older and deeper in debt Saint Peter don't you call me 'cause I can't go I owe my soul to the company store" From the lyrics of Sixteen Tons, popularized by Tennessee Ernie Ford "Former President Jimmy Carter said Monday [October 7, 2013] that the income gap in the United…