Neocash Radio

Neocash Radio


Editorial: Blockchains Will Become the DNA of Our Future Society

January 18, 2017

An Editorial from Co-Host JJ Epic! Darren and I started Neocash Radio to talk about Bitcoin and Cryptocurrencies as our main focus. Talking about the future of money today. What we ended up talking about was the future of technology, the future of software development, and the future information security.   While on one hand you have a few ever growing corporate behemoths on the other hand you have an array of new innovations created by individuals. The old model and the new. The old model required the consolidation of resources due to the scarcity of those resources. The resources include people and equipment which made sense to pack closely together into localized hubs. The new model is a sea of individuals directed by their own desires and passion, each working on a very small piece of a much larger puzzle. Like individual cells in a larger organism.   Bitcoin and open source development have created a new kind of money. A currency controlled by a protocol and a distributed ledger -- a blockchain. Blockchains will become the DNA of our future society. A log of all the decisions made, the consequences, and the resulting sum. Using this technology for money was a master stroke. Now that the Blockchain is proven and widely adapted money will never be the same.   But it’s not really about money. It’s about the action created, the signal sent, and the time spent. Ultimately time is the only real currency. The rest are tokens for convenience. Or tokens of time, as in the hourly wage. What we are actually talking about the the future of humankind today, the future given the effect of the human actions created up to and including now. Whether sitting in front of a TV or driving a race car, in each case an action was created, a purchase was made, and time was spent.   With time, everybody starts out rich and ends up poor.      With near-instant communication, open source development, blockchains, and the rise of peer-to-peer protocols humankind can more closely mimic a well known, durable, proven system: the human body or carbon based organisms in general.   Individuals working together like cells forming an organ, all part of a greater organism. The Blockchain is the critical component. Like DNA, everyone gets a copy and there is no need to trust someone else. You can trust the DNA.   The trust that comes from the Blockchain is a by-product of consensus. The nodes and miners build a block through consensus and the network verifies it. In mere seconds a decentralized open source protocol gets everyone to agree on the some thing. A feat no man could hope to accomplish. With a divergent spectrum of proven and emerging blockchains, the future of choosing the right blockchain for you might look like trying on shoes.   You can tune in every week for Neocash Radio where we talk about shoes! Just kidding, we will continue to discuss the future of money today and the dawning of the era of blockchains!   This has been a special Editorial from Co-Founder and Producer of Neocash Radio. Views expressed here represent only about one third of the shows views. Just a reminder that you can tune into Neocash Radio every Wednesday night! Don’t want to miss a single moment of awesome Neocash content including special episodes and bonus interviews? Subscribe to our podcast on Google Play Music / iTunes / Soundcloud / Stitcher / iHeartRadio / YouTube / Podcast Addict / LBRY and more!