What I'm Reading: The Truth Machine by Vigna and Casey

21 de jun. de 2019 · 7m 39s
What I'm Reading: The Truth Machine by Vigna and Casey
Descripción

If you want to get ahead of what is coming -- then you need to read this book. It is called The Truth Machine: The Blockchain and the Future of...

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If you want to get ahead of what is coming -- then you need to read this book. It is called The Truth Machine: The Blockchain and the Future of Everything.
This book is also important because – as we speak here – we are hearing about Facebook coming out with a new international currency. To understand that currency, called Libra, you need to understand blockchain – and why it is so different. I will hit on that at the end here.
So you know, I have read about a half dozen books explaining the blockchain. This is the best book, so far, on blockchain and its future.
Here are some key takeaways on The Truth Machine:
First, the book is loaded with many companies that are already successfully using the blockchain.
Second, most of our elites and lawmakers don’t get it. They are trying to stop the system that could make everybody a participant in the world economy -- without a third-party representation taking money from us.
Third, this is a great business history book. Vigna and Casey go through the history of the double entry accounting from ancient Arab lands that also caused the boom in the modern western society – and how it ties into the block chain.
Fourth, the benefits of the blockchain outweigh some of the downsides. This is a private system that criminals could use. It could also be hacked, but it would take a monumental digital effort.
If you want more info and videos, go to my site – informed not inflamed dot-com. And go to the June 18, 2019 post where I talk about blockchain and two other technologies that can save the world at this link: https://informednotinflamed.com/world-problems-solved-3-solutions-in-one-post/
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Autor John Daly
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