The Blockchain Matters More Than the President

The Blockchain Matters More Than the President
WSJ

After a wildly contentious election season, you might get the impression that the future of the country, if not the world, hinges on the quality and ideology of top-down leadership. That's actually wrong. Very little was said during the entire election about digital technology; nothing ever came up concerning distributed ledgers and the remarkable invention of a fully private currency that lives on the Internet and works without third-party intermediaries.

It's a paradigmatic case of how the structure of technology in our time has flipped the traditional model of what makes societies tick and what drives history forward. As we are learning, presidents and parties come and go; what persists and what keeps advancing regardless of political trends are the tools we use to improve our lives. Here is where the real action is.

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