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