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13-A few are run by the mob.
#Democracy.
The Internet.
The commons.
Open, but not meritocratic.
And very inefficient.
14-Dictatorships are more efficient in war than democracies. The Internet and physical commons are overloaded with abuse and spam.
7/17
17-The market networks are titans
The credit markets
The #stock markets
The commodities markets
The money markets
They break nations
18-Market networks work where there is a commitment of money. Otherwise, they are just mob networks
The #applications are limited
Until NOW
9/17
22-As society gives you money for giving society what it wants, blockchains give you #coins for giving the network what it wants.
23-It’s important to note that blockchains pay in their own coin, not the common (dollar) money of #financial markets
11/17
30-It’s #nonsensical to have a blockchain without a coin just like it’s nonsensical to have a market without money.
31-It’s nonsensical to have a blockchain controlled by a #sovereign, a corporation, an elite, or a mob.
15/17
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17/17