And yet more terms to add to my vocabulary from a recent article in Wired:
"Programmatic Finance" & The Golem Project
Now WTF is Programmatic Finance
Images Courtesy of Pixabay
Bitcoin Will Never Be a Currency—It’s Something Way Weirder
Bitcoin is also a useful way of moving money across international borders, and that will likely be its main application over the next several years. But for Carlson-Wee, bitcoin is most valuable as something else entirely—not as a new currency, not as a new gold, not as a new Western Union, not even as a new stock, but as something that enables financial phenomena that have never existed before, what Carlson-Wee calls “programmatic finance.” Through the idea of a blockchain, Carlson-Wee believes, it will power businesses that essentially own and run themselves—a role more important than any one currency.
And then another term pops up in this article,
"The Golem Project"
Conjuring up images of a Turkish knock off version of The Dark Knight Rises.
"The Golem Project" rises from the mud of the Inter-webs
In Jewish folklore, a Golem is an animated anthropomorphic being,
that is magically created entirely from inanimate matter.
Images Courtesey of Pixabay
One other Golem Project
(Genetically Organized Lifelike Electro Mechanics) involving every bodies friends,
DARPA
(US Defense Advanced Research Projects Administration)
involves Robots designing Robots.
Which is scary enough.
Unleashing the Terminator in time for Trumps Second Term-inator perhaps.
No, the first mentioned Golem Project is a decentralized Inter-webs.
No, Yes ICANN, if you get my drift.
More Yes, No ICANN, as the web is set free to find its own Master.
Its own rules, it's own beginning and end.
This again sounds like the Utopia of the early Inter-webers.
It's Frank the Tank in Old School running naked down the empty street,
shouting, "Everybody's doing it."
Yea, I know, the Golem Project will happen in some form or another.
But it wont happen the way most people think it's going to happen.
Someone somewhere will go out of their way to fuck it up.
Why? Because they always do.
Programmatic Finance, Bitcoin as the New Age Gold.
All this will happen.
But whats the betting, Joe the Plumber, gets screwed over again.
But it does sound rather exciting and Steemit will have it's part to play in this tale of the webs.
Though I can't see Zuckerballs taking anything to Mordor to throw it in the Fiery Furnace.
But why do I see, at every crossroads of the great Cryptocurrency Crossroads the Winklevoss Twins.
Images Courtesey of Pixabay
A Vision of the Future?
Businesses that essentially own and run themselves.
Living Robotic Corporations making undreamed of products.
Trading with other unimaginable living digital entities.
Which would make us some sort of disposable virus?
Which also brings us back again to Robot Arnie.
As I writer I will always look for conflict to move the story along.
And I can see a ton of conflicts brewing in this digital soup
Make your own mind up:
Read the full article:
https://www.wired.com/2017/01/bitcoin-will-never-currency-something-way-weirder/
Challenge 30 is a 30 day writing challenge issued by @dragosroua to write and post every day in January.
