INTRODUCTION
At the end of the 16th century, a rag tag group of rebel intellectuals and entrepreneurs founded a country on some of the least desirable land in Europe—so often flooded that it needed hundreds of miles of moats - while fighting an eighty year long war against the largest empire in the world.
From this struggle and melting pot of ideas emerged the Dutch and British golden ages, innovative economic institutions that changed the world, as well as one of America’s most successful socio-economic experiments: New York City.
This report makes the case that the 21st century emergence of bitcoin, encryption, the internet, and millennials are more than just trends; they herald a wave of change that exhibits similar dynamics as the 16-17th century revolution that took place in Europe.
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Author - Tuur Demeester
"What the Internet has done for information, Bitcoin and the Lightning Network will do for money. " - Elizabeth Stark Finishing the amazing report...
"If a money (the most salable good) is easy to create more of, then any rational economic actor would just go out and create...
"A reality check on the limitations of Lightning Network, and what that means in terms of its long term viability. No, it's not doomed,...