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RE: History is full of wrong predictions about new technology

in #technology7 years ago

Bitcoin / Block chain prediction - "25 years from now, the Block chain and it's currencies, will have made Central Banks, all traditional banking, and most Government functions obsolete. The need for traditional intermediaries will be gone. Those who would rule over others, using force will have no basis for that oppression. Only the threat of violence will remain, - people will simply ignore these despots. Even the possibility of being ruled by violence will be diminished... Because Despots will not have the resources to perpetrate it on the masses." - Goathollow (Fat ugly old guy in Iowa.)