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Ethereum Co-Founder Calls The 20th Century World Order Dead
Summary: Charles Hoskinson, the Ethereum co-founder and founder of Cardano, called “the economic order of the 20th century” dead in a recent YouTube livestream. When referencing “the economic order of 20th century”, Hoskinson means a centralized hierarchical economy that was developed by “a series of treaties” made by a few great powers. According to Hoskinson the ...
Charles Hoskinson, the Ethereum co-founder and founder of Cardano, called “the economic order of the 20th century” dead in a recent YouTube livestream.
When referencing “the economic order of 20th century”, Hoskinson means a centralized hierarchical economy that was developed by “a series of treaties” made by a few great powers. According to Hoskinson the current economy was created for a time “when information was not instantaneous”, and when the majority of people were willing to accept “big brother’s” dictum.
Hoskins believes that a new decentralized order ushered by blockchain technology would solve some of the biggest issues of modernity such as data ownership, privacy, and identity; an order in which there will purportedly be no need for CEOs or presidents.
By Ramsey Baker
Tags: 20th century,Blockchain,Cardano,Charles Hoskinson,Ethereum
Link: Ethereum Co-Founder Calls The 20th Century World Order Dead [Copy]
