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RE: How Blockchains Will Reorganize Society

in #insurance8 years ago (edited)

Thanks for the comments everyone. This is a portion of a larger paper for the insurance industry. This particular segment is designed to get people looking at the world that they live in and understand that a great deal of activity that we have been taught to believe is necessary (like a fish has no word for water), has very little to do with the thing we are actually trying to accomplish. In many ways, the cost of maintaining this system is externalized to a POW scheme that everyone dutifully engages in but is woefully unaware of. Much as any new technology begins with the question: Suppose there are better ways to accomplish that? Anyway - that is the point of this post and the longer paper holds a more complete thesis as well as attribution to others - I would recommend that people try to read it. Otherwise, you'll be seeing more of these adapted articles on steemit shortly.