Daniel Larimer, who is working on a tool called Bitshares to apply blockchain technology to banking, insurance and company shareholding, believes that this new breed of technologies will ultimately render government entirely obsolete.
“If you think about it, what is the reason for government? It’s a way of reaching global consensus over the theory of right and wrong, global consensus over who’s guilty and who’s innocent, over who owns what.
“They’re going to be losing legitimacy as more open, transparent systems are able to provide that function without having to rely on force. That’s my mission in life.”
– From the excellent article published in The Telegraph yesterday, The Coming Digital Anarchy
Many of you may have already read this article considering it generated quite a bit of buzz yesterday when it was published. For those who haven’t, I highly recommend it.
While those of us who have been interested in Bitcoin for years may not learn anything “new,” it’s a great piece to send to friends and family members who have yet to make the plunge.
For those who haven’t been a fan of Bitcoin due to natural skepticism, confusion or any other ailment, this article presents in an easy to understand manner the inherently revolutionary characteristics embedded within Blockchain technology.
We have a chance to truly decentralize power for the first time in human history. We must not let this amazing opportunity slip away.
Here are some of my favorite excerpts. From the Telegraph:
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The fact that that the NSA is now claiming it is “Too Big to Comply” with a court order is an extremely important revelation since it further proves that the super rich and super powerful are in no way shape or form subject to the same laws as the rest of us. The mega banks are “Too Big to Fail,” multi-national corporations are 
The militarization of police forces across the U.S. has been a key theme here at Liberty Blitzkrieg for a long time. Despite the fact that crime rates have declined sharply across the nation since the early 1990’s, domestic police departments are arming as if they are about to confront battalions of Taliban at any given moment. It’s absurd, dangerous and ultimately very divisive as police act more like soldiers than protectors of the community. The most egregious recent example of “warrior cops” causing serious damage occurred in Georgia late last month and was covered in my post: 
Today, I want to highlight two interrelated and significant developments in the world of AI, or Artificial Intelligence. The first has to do with a computer program called “Eugene Goostman,” which has reportedly become the first artificially created human being to fool more than 30% of judges that he is a real person. The test was recently conducted at the Royal Society in London and the 
The effort to recreate the disaster of 2008, but on an even more colossal scale, is moving along at a brisk pace. In the past several months, we have seen the triumphant return of many of the worst practices of 2006/07 to such an extent that I have made it a key theme of this site in 2014. For those of you playing catchup, I suggest reading the following:
You’ve got to give young Andrew Demeter a lot of credit. Given the chance to meet a powerful Congresswoman, most people would melt into a sad puddle of unjustified reverence and pathetic groveling. Not this young man. When he was given the opportunity to ask Nancy Pelosi a question, he confronted her on the NSA’s unconstitutional spy practices and why she hasn’t done anything to stop it, considering she claims to be so “liberal.”
It’s been obvious for quite some time that the so-called “war on terror” is nothing more than a fear-mongering induced power grab; a convenient excuse to strip the citizenry of its civil liberties and humanity. Many commentators, including myself, have predicted for years that the entire counter-terror juggernaut that has been constructed post-9/11 would be ultimately redirected upon the domestic population.
Apple’s brand suffered earlier this year when the company decided to ban the Blockchain Bitcoin app
This is a great example of how the game works. In a world in which every government on earth needs “liquidity” to survive, and the primary goal of every government is and always has been survival (the retention of arbitrary power at all costs), the provider of liquidity is king. So what is liquidity and who provides it?