#bitcoin: The Living Room Revolution
▻https://hackernoon.com/bitcoin-the-living-room-revolution-9acdf521295e?source=rss----3a8144eabf
Bitcoin and #crypto are a massive crowd-sourced project to increase individual sovereignty over money and information, which, if successful, will transform the world we live in, forever.“The tree of liberty must be refreshed from time to time with the electricity and computing power of patriots and revolutionaries.” — Thomas Jefferson (if he were alive today)It’s about LibertyMost of the world’s money is fiat money. Fiat is a dirty word. Its usage is rooted in phrases like “by Royal fiat” as in, by Royal command.While we may think that we tossed off the shackles of ‘rule by fiat’ from monarchies and dictatorships, we still comfortably refer to our money as “fiat”. It is, after all, printed on-demand by a handful of people whenever they wish. This point shouldn’t be taken lightly because the power of (...)