A thought on the train

The conductor is always the same conductor on my train to Tarrytown, which at first I found quite strange but – after consideration and repetition – now find quite reasonable and practical. In the great big thing that is the Metro-North Railroad Mass Transportation System, I would expect that schedules be laid out according to […]

It’s all politics: what people really mean when they say “blockchain”

According to a somewhat recent New York Times article by Steven Johnson, the main thrust of blockchain technology is to solve for digital identity. Bitcoin did this indirectly with currency; a decentralized ledger (1) tracks and identifies every bitcoin, (2) which makes bitcoin scarce and (3) establishes digital currency as an asset class. However, according to Johnson, bitcoin was simply […]