…o outputs. In this long essay, I cite four books that provide insights into the intangible economy. Instead of trying to imitate physics by looking for insights in equations, these economists are trying to imitate botanists or biologists or anthropologists by starting with what they find in the real world, figuring out what functions are served by observed behavior, and seeking out commonalities and differences. I call this approach “classification systems.”
I’ve got to be honest here, the recent FUD surrounding China’s “banning Bitcoin” (or more accurately, banning BTC exchanges) has been driving me crazy. It drives me crazy mostly because a scarce commodity is by definition a valuable one, and yet people are still selling like there’s no tomorrow. I’m here to tell you there is a tomorrow, and you shouldn’t be selling.
…ar is reminiscent of Ethereum’s EEA in addition to a stronger emphasis of governmental cooperation. Onchain has identified the shortcomings of present laser focus of hype on public platforms such as NEO and Ethereum and addressing that with DNA. DNA envisions a future where a network of assorted, specifically designed blockchains serving private enterprises, consortiums, government and the public communicating with each other forming an interconnected blockchain network.
This is the goal of DNA — infiltrating every little inefficient niche that had no better alternatives before the invention of blockchain. What is especially critical to remember during this explosive time of hype driven partly by the obscene degree of greed is that not every little niche that blockchain can fill will be holding its own little ICO for you to “go to the moon on your rocket powered lambos”. Some of those efficiencies gained will simply be consumed by companies privately or by public systems such as the legal system.
…I can’t and more importantly it goes against the fundamental philosophy of what DNA is aiming for. In order for the tsunami of blockchain technology to genuinely lift all boats and for blockchain to be adopted at the widest possible sense, there needs to be a platform which allows a simple implementation onto existing structures. That is, providing implementers will gain most of the immediate benefits from the implementation. A platform for platforms, if you will.
So that you can work on them first. Mark Twain meant it when he said: “Eat a live frog first thing in the morning and nothing worse will happen to you the rest of the day.” It applies very well to the workplace.