Page 9 - Phoenix Vol 11 No 4

bunch of highly intelligent anarchists developed their vi- sion where governments are replaced by computer sys- tems. In this world, there are no laws, no lawyers, and no law enforcement. Armies are also a thing of the past and are replaced by Assassination Politics, which is crowd- funded murder using untraceable cryptocurrency. Smart contracts, or computer code on a blockchain, is seen as helping maintain some semblance of order in this post- government world.
Sometime a er Bitcoin was released, the term Block- chain began to be used to describe anything that is “Bit- coin-ish.” is includes the manner of storing informa- tion (“chaining blocks together”) as well as the approach or algorithms that mimic Bitcoin. e many uses of the term Blockchain have become the source of a great deal of confused thinking. Many passionate (and o en con- fused) people have some rather vivid (impossible) dreams of what Blockchain is and what it will do for the world. However, the core use case for Blockchain remains what it was rst created for. It facilitates anonymous transactions outside of the visibility of governments. It helps “realize anarchy.” It is great for other anonymizing applications which may not have anything to do with cryptocurrency.
is Blockchain confusion increased even further when IBM and others attempted to create a “less anarchistic” (watered down) version of the technology called “permissioned Blockchain.” e original intent of Blockchain had no concept of “people”. e origi-
nal design allows everybody to be anonymous. If there are no people, there is nobody to whom one might grant or deny permissions.
To make matters worse, this confusing new vari- ant of the technology that IBM and others created, was also called “Blockchain”, only the word “per- missioned” was appended to the name. While the unfortunately named “permissioned Blockchain” shares some traits with the original nation-destroy- ing technology, it is fundamentally di erent in im- portant ways.
Permissioned (watered down) Blockchain may very likely prove itself to be a worthless technology. Even so, it is currently very important to the story. Associating the name “Blockchain” with reputable companies like IBM and Deloitte provides unde- served validation to the original nation-destroying (permissionless) Blockchain and cryptocurrency. How many bitcoins do the investors and people working on permissioned (watered down) have?
Confused yet? Well, I’m sorry, but that appears to be the plan. is is not my plan, of course, this is the plan of the people who created the technology. One of the creators of Bitcoin, literally published a “declaration of war” against “the state” (all govern- ments on earth) at the same time he was getting
ready to announce Bitcoin. He called Bitcoin “a strike at the state from the jungle of complexity” and promised that the state would be confused and not gure this out until it’s too late. Well, I’ve gured it out and some others have gured it out. Yet, he may still be right. State legislatures across the country and the world are being deceived into passing laws that they do not understand.
To understand the whole story, consider reading my book, e Blockchain Code: Decrypt the Jungle of Com- plexity to Win the Crypto-Anarchy Game. e book has been receiving some rave reviews! e US Review of Books called it, “necessary reading for anyone considering dipping their toe into investing in bitcoin or its peers... Eye-opening in all the best ways and relayed with a qual- ity that few non- ction books ever reach, this in-depth guide is intriguing, shocking, and informative as it cov- ers three decades of history punctuated by the social and technological explosion of the last ten years.” Aimee Ann declared, “Dave Kinsey has managed to accomplish the almost impossible... he has managed to write a nance book that is not only informative and useful, but enter- taining!”
For more information on Blockchain, I will be present- ing in two continuing legal education seminars at the State Bar of Arizona annual convention in June 2019.
Congratulations
602.234.8760 [email protected]
to Jake Curtis
on being named to lead B & C’s 30+ year Liquor Licensing & Compliance practice group.
Jake’s practice focuses on the following:
• Liquor Licensing and
• Dram Shop
• Works with AZ Department of Liquor Licensing and Control
• Administrative Hearing Representation
Compliance
2019
9