Blockchain is in that space where we still have to explain it, because most of the people have gone from not having it around to having it around. But for kind of the folks that are your age or a little younger it’s kind of always been there, at which point it doesn’t really need to be explained. It does however need to be contextualized.
I was looking for the tools that you could use to solve global problems in an environment when the nation‐state has turned out to be a very very ineffective set of machinery at all. So I’m going to talk a little bit about the technology. I’m going to talk a little bit about what it does and where it’s going. And then I’m going to try and tell a story about the kind of global long‐term picture that we could get if this stuff actually works.
Everybody thinks of bureaucrats as being kind of a neutral force. But I’m going to make the case that bureaucrats are in fact a very strongly negative force, and that automating the bureaucratic functions inside of our society is necessary for further human progress.
It’s this infrastructure that is unseen, because it is infra‐structure, it is under the structure. And when you start thinking about this massive web of technologies that keep you alive, the only interfaces we have on a day‐to‐day basis are tap, turn, flush. Everything else is hidden and unseen.