Internet of things
Some folks want to eliminate private property with the help of the blockchain, smart contracts, the “sharing economy”, and the “Internet of Things”.
What is the self-driving craze in mobility really about? Improving road safety (something not yet proven or quantified) or creating a framework where control can finally and fully be ceded from users and transferred for all perpetuity to an increasingly concentrated and faceless capital and intellectual property-owning elite?
Details of the hottest, most secretive bitcoin start-up in Silicon Valley have finally been revealed by chairman and soon-to-be CEO Balaji Srinivasan of 21 Inc in a post on Medium. They are, by and large, exactly what FT Alphaville reported them to be. Cold sharp summary: Bitcoin mining devices in toasters. Calling this a simple internet of things play, however, would be lazy. To really put the audacity of Srinivasan’s vision into perspective one first has to go back in time to the days of the early internet.