When economy takes over politics, traditional voting acts lose their relevance. Elected governments no longer seem in a position to represent their citizens before investors…
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Inefficiency is necessary, it is even salutary. In the search for efficiency one loses the freedom to try, to invent, to seek, to fail, to…
Leave a CommentOver the centuries, increasingly sophisticated tools and machines have advantageously replaced the physical strength of animals and men. The former are no longer raised for…
Leave a CommentSlavery is when one has to work to live. Thus defined, and except to be rentier, most humans are slaves. The master is the money…
Leave a Comment5. The cost of storage Users therefore pay to store their data in the BlockChain. And then, this data is maintained for eternity. Does that…
Leave a Comment3. The waste of duplicating data Each miner maintains a complete copy of the BlockChain. If, for example, the BitCoin BlockChain is 1 terabyte (10^12),…
Leave a CommentWhen I talk about decentralized data storage, my audience inevitably thinks of the BlockChain, and that’s why I want to talk about it here. The…
Leave a CommentSometimes I wonder if humanity hasn’t created, through economics and finance, its own golem. Centuries ago, companies have turned into legal entities. As such they…
Leave a CommentTruth suffers from two major downsides: It is often complex and requires efforts to comprehend, yet few have the intellectual readiness to take an interest…
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