Crypto Anarchy — More Than Just Two Cool Words

Crypto-anarchy is taking over the world, most just don’t know it yet.

Some Choice Quotes:

The rise of the right is better seen as an early skirmish in a much longer, and far more significant, technology-led restructuring of our politics and society. Digital technology has helped the populist right for now, but it will soon swallow them up, along with many other political movements unable or unwilling to see how the world is changing

…any industry that takes a cut of a deal between two people or holds fixed assets that can be provided informally will be soon “Ubered”, because smartphones link buyers and sellers directly.

Take trucking in the US, which is the biggest employer in 10 states, responsible for 3.5 million jobs. It may be a mostly job-free industry within a decade. Things will still be shifted around in containers of course, but it’ll all be run by yet another software firm that rents human-free cabs. And with that, there will be no need for truck stops either, or the highway patrol, or the companies that make parts for radar guns, and so on and on.

coding will probably be one of the first jobs to be automated out of existence, leaving the newly trained feeling like Minidisc specialists circa 2005: the exciting new future washed away before it could settle in.

[Crypto-Anarchists] were right about digital technology, about surveillance and bitcoin and most of us ignored them. And for better of worse, I think they’re probably right about this too.

Full Article here.