#PANDORA RECOVERY JUST SHOWED UP TV#

Network effects account for 70% of the value created by tech companies. How much power do you think they wield? And where do you see that going? Who replaces your travel agencies?, Google Flights, ExpediaвЂ¦ Not thousands of companies. And a couple more players internationally. QAnon, the Bitcoin white paper, my COVID-19 articles, or any other personвЂ™s posts would have been highly unlikely to be created or distributed without the rise of behemoth tech companies. Who enables the spread of information? YouTube, Twitter, Facebook, LinkedIn, TikTokвЂ¦. Who enables the search of scientific papers? Google. But the internet also has a centralization force. However, it focused more on the decentralization of power, which would flow from nation states to individuals. вЂњ The Sovereign IndividualвЂќ predicted most of this rise in individual power nearly 25 years ago. If a nation state canвЂ™t retaliate against creators, how can it prevent them from subverting the nation state? While crypto-Jews feared for their lives under the Inquisition, Nakamoto could be walking past you and you would never know it. WhatвЂ™s new is how easy it is to remain hidden. What is new is not the value of pseudonymity or anonymity: historically, over half of books were pseudonymous or anonymous. WhoвЂ™s going to cancel QAnon? Who is going to arrest Nakamoto to bring down Bitcoin? Given how many authors are killed because of their creations, itвЂ™s not a coincidence that both QAnon and Nakamoto were pseudonymous: fake names allow more subversive changes without retaliation. Most of the time, governments donвЂ™t even know that this happens. They interact online and transact online. Now people form their opinions online and spread them online. ThatвЂ™s also how another pseudonymous person, Satoshi Nakamoto, created a trillion-dollar asset class by solving a math problem, writing about it, posting his article on the internet, and coding the Bitcoin blockchain. ThatвЂ™s how QAnon spread like wildfire, convincing 15% of Americans that its conspiracy movement is legitimate (only 40% reject it), stoked by a pseudonymous person with intimate knowledge of game design. The internet gives you the inputs and outputs to short circuit the nation state and its gatekeeping gang. And even if you got your hand on the data, you couldnвЂ™t let others know because we didnвЂ™t have social media. You couldnвЂ™t search for the scientific papers you needed, because they werenвЂ™t available on the internet. That establishment decided what people would think that day, and you couldnвЂ™t influence it.

#PANDORA RECOVERY JUST SHOWED UP TV#

This would have been impossible 20 years ago: Back then, information flowed from gatekeepers with a tight relationship with governments, from newspapers to TV and radio stations. This was nowhere as true as in broadcasting.ДЄ normal guy, surrounded by children in his San Francisco apartment, reading scientific papers in sweatpants, put out a piece that took governments around the world by surprise on the most important topic of their careers. In the 19th and 20th centuries, nation states became the ultimate powers, thanks to their control of gatekeepers. How will they undermine the nation state? The Nation State Becomes Inconsequential This time, we have not one but two new information technologies: the internet and blockchain technology. Broadcasting made totalitarianism viable by allowing the efficient transmission of propaganda. The printing press replaced the Catholic Church and feudalism with the nation state. Writing allowed kingdoms, empires and churches. What happened? The internet and blockchain technology.Д®very time a new information technology is discovered, our power structures change. They are looking at the last few decades of their lives like an empty ravine. Those with their savings in dollars have been wiped out. All of the governments around the world caught with too much U.S. ThereвЂ™s a run on the banks that held too many dollars, they are collapsing. Old people line up outside the hospitals, hospitals donвЂ™t service them, they canвЂ™t afford it. Hospitals are going down: they canвЂ™t operate without Medicare and Medicaid income. ItвЂ™s not meeting its social security payments. This article was originally published in Uncharted Territories.

Pandora recovery just showed up