“Bitcoin is a breakthrough in information theory that allows
[users] to conduct provable transactions that can’t
be changed…without reference to trusted third parties,” says
tech writer and investor George Gilder. “[Bitcoin] is the perfect
libertarian solution to the money enigma.”
When Gilder makes tech predictions, it’s worth paying attention.
In
Microcosm: The Quantum Revolution in
Economics and Technology (1989) he described how the
silicon chip would usher in a new information age. In
TELECOSM: How Infinite Bandwidth will Revolutionize Our
World (2000), he predicted the rise of
hand-held computers
and fiber optics. In
Life After Television: The Coming Transformation of Media and
American Life (1990), Gilder predicted
that ”telecomputers” would one day provide a limitless
alternative to broadcast television. That was 15 years before the
launch of YouTube.
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