Who Needs Government When You've Got Blockchain??

Adam Inyang Adam Inyang
Posted at 1/16/2020

Blockchain has made me an even more avid historian. I've found some deep-seated pleasure in gazing as far back into the past as i can while paralleling that with this amazing future i see riding on the wave of blockchain. I talk to people about the on-coming crash of the US Dollar. Most people understandably can't wrap their heads around it. It's the monetary system my great-grandparents knew and used. All i've known is the "Almighty Dollar!!" as sang by The O'Jays. And that rhetoric towards the USD has helped sustain it as a faith-based fiat for almost 100 years. When governments mismanage money, they collapse. Empires using fiat currency historically have a 100% failure rate. So what does that mean for the greatest global empire the world has known?? No one i know has lived through the collapse and rebuilding of a government system of a major world power. What does it look like?

My dad was a kid when Nigeria gained their independence and subsequently plunged into years of civil war. He told me about how he and his siblings had to hide in the woods for days at a time. He was separated from his dad and older brother for years; not knowing whether they were alive or dead. Eventually, the Nigerian Federal Government subdued the Biafran separatists. Culturally, the nation we know as Nigeria was and still is very diverse. The Igbo, Yoruba and Hausa tribes all had different forms of government prior to British invasion. The most interesting is my poeple, the Igbo. They had a decentralized, communal form of governance that involved both men and women. While there were kings and chieftans in the region, individuals voted and came to consensus as a community and advancement in society was promoted through acquired wealth, as opposed to inherited wealth. That's what blockchain will return us to.

Blockchain is trust. It solves the historic Byzantine General's Problem of reaching consensus. We rely on central governments to author and enforce laws and settle disputes between people and businesses. Other functions of government include healthcare, education, infrastructure, resource allocation(food, water, energy), and others. Blockchain has the capacity to fulfill all those functions and more. My favorite blockchain, Ethereum, has these dope DAOs (Decentralized Autonomous Organizations) that with the use of smart contracts can literally exercise the functions of government at a fraction of the cost. Much of our income is swallowed by taxes that go to fund bureaucracy a...more

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Sponsored by: Brainsy, Inc.
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  • world government
  • blockchain
  • federal reserve
  • nigeria
  • byzantine general's problem
  • DAO
  • crypto
  • Ethereum
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"Blanket Bans on Blockchain are Bound to Backfire... Bigly"

Adam Inyang Adam Inyang
Posted at 12/25/2019

I can see that as a headline of an article i'll have to write in the near future. Or maybe right now. Over these Christmas holidays, governments and their agencies have been moving decisively against crypto. Uzbekistan just banned all crypto sales. Youtube is removing crypto-related videos from several accounts. The North American Securities Administrators Association (NASAA) just released an official warning against investing in crypto for 2020.. and then there's China.

I'm blessed to be in the company of some very dope people doing some very dope stuff; so i not only see the potential of blockchain, i get a front row seat to the birth of several applications that will change the way humanity interacts. So if i can see it... i know those brilliant world leaders can see it too. And because i make sure to study what is happening with the world financial market, these brash blanket bans have the scent of fear upon them. People are losing faith in this fiat system. The timidly rash market manipulators have responded by flooding an already inflated money supply with more currency. I can see the tide shifting.

I predict that the economies that choose to ban cryptocurrencies won't last 7 years past that decision. The choice to fight evolution has always resulted in extinction. We all know the price of most cryptos are going to go up in 2020. I ain't heard nobody say that fiat currencies could take a hit in exchange.. but they could. And if they do, the economies that banned crypto gone feel it the worst. Maybe das just Adam-Economics; but because of the protocol of Bitcoin, using it and other cryptos as a store of value {a savings account} to protect against asset depreciation {so you don't lose yo money} becomes a more and more enticing and beneficial investment against holding a dying dollar. They know it, we know it. Now what we gone do about it??

It's important to read and learn as much as you can about as many aspects of this new technology as possible. Read and take as many free courses as time allows. Because sharing accurate information is key in advancing the adoption of blockchain universally. Organize locally with community leaders who want to build blockchain systems that serve useful community functions. Information and database management, payroll distribution, rewards programs and more. The benefits of blockchain will beat the bafoonery. Sign up for an exchange and read up on the current tax laws. Get in and hold. Hold long and hard...

Simply put, a ...more

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  • crypto
  • cryptocurrency
  • bigly
  • blockchain
  • ban
  • economy
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Blockchain in Logistics

Yogesh Raje Yogesh Raje
Posted at 12/24/2019

I found this article useful . Not that am advocating this company , but its a good leaf from a large book to be taken to understand how Logistics is actively and progressively bringingBlockchain in the front. 

 

https://cerasis.com/blockchain/

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Breaking Barriers - A Thought Leadership Document

Shantanu Sharma Shantanu Sharma
Posted at 12/23/2019

Presenting - a Thought leadership document - "Breaking Barriers" based on the amazing conversations I had on the special series - “Women in Blockchain” - on Hard Fork - India's 1st TV Talk Show on Cryptocurrencies and Blockchain.

The document covers the following:

  • Highlights of each conversation we had with the women thought leaders in the 4 episodes
  • Transcribed excerpts of the conversations with the guests of each episode
  • Articles written by the guests.

We discussed Blockchain as a tech, opportunity for the country, careers, problems, solutions, attracting talent from all across and many other things tech and non-tech. Simply grateful to Aanchal Thakur, Debajani Mohanty, Smriti Tomar and  Tarusha Mittal for being part of this journey.

Hard Fork is not just a talk show - it is a thought leadership platform that will aim to bring out the best in the crypto and blockchain industry, especially from India.

Feel free to share and download from the following link. You can send your feedback and comments to Hardforktalkshow@gmail.com

Breaking Barriers- Hard Fork Special Series-Thought Leadership Document

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Categories: Education  |  Featured  |  Technology
Tags:
  • women in blockchain
  • enterprising women
  • women in tech
  • superwomen
  • pathbreakers
  • thought leadership
  • blockchain adoption
  • cryptocurrency
  • blockchain
  • conversations
  • interviews
  • decentralization
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Bringing Blockchain Education to Minority Communities

Adam Inyang Adam Inyang
Posted at 12/9/2019

Any group of people that is oppressed needs very specific resources to overcome that oppression. Chief of those is education; education of self, education of the oppressor, and education of resource acquisition and management. For minority communities to be able to survive and compete in the drastically-changing economic markets, they need to be educated on the financial tools that are used to create wealth. In school, we weren't taught about life insurance, gold & silver as investment tools, IRAs, 401Ks, REITs, real estate, stocks & bonds, nor any other useful tool of economic inclusion. There is an awakening happening amongst my peers that is causing us to question our traditional methods of education.

Bitcoin as a monetary application was specifically created as a revolutionary tool to undermine and dismantle the banking industry. To ignore this fact is a mistake. Blockchain technology will ultimately render the current economic system we experience obsolete. Many of us missed the "Age of Wall Street" and all its stock-trading millionaires. Unfortunately, as the Rich Dad himself, Robert Kiyosaki teaches, stocks, bonds, pensions and so forth are all just fake (imaginary) money. And once the US Dollar coughs up its last breath of debt-riddled regret, those who built their wealth on Wall Street will most likely do the same. To keep minority communities from falling even further into the depths of poverty and oppression, we MUST be educated on the proper use and application of blockchain technology.

Here are some ways you can Bring Blockchain Education to Minority Communities:

1. Join the Blockchain Chamber of Commerce (or any local blockchain organization or meetup). There are many groups of people that gather together to discuss the ins and outs of blockchain; its use cases, its functionality, its legality, its availability and more. Find one. Join one. Invite friends and family. Investing is more fun and can be more profitable with groups as opposed to individually. 

2. Speak with your local colleges/universities about incorporating Blockchain/Crypto courses into their curriculums. The fastest growing job sector for the past 3 years has been undeniably blockchain. Studies and reports show that demand for blockchain-related jobs increased by 300 percent in 2019. Upwork, a site for freelancers, stated that demand for freelancers with a “blockchain” asset grew by 3,500 percent. Thousands of jobs are being created in the blockchain sector and minori...more

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Tags:
  • education
  • us dollar
  • USD
  • BTC
  • minority
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FedThen, Fed Now, it's all the same: Centralization Kills

Adam Inyang Adam Inyang
Posted at 11/9/2019

https://cointelegraph.com/news/fed-must-launch-fednow-ahead-of-facebooks-libra-says-govt-official

 

Central banking hasn't worked for the larger public since it's inception. it has always been used as a tool to generate wealth for the wealthy. And they very understandably see no reason to change things. Hence, Dear Nakamoto devised a solution. A crypto by any other name is not necessarily a crypto in the purest sense. the entire idea of an immutable distributed ledger becomes compromised when governed by a central power. My last post, "Be Wary of Centralized Blockchains" speaks on this same issue. Enjoy the article, then keep an eye on the maneuvers of governments working in blockchain to recreate a failed and dying system of economic control. Where are our champions?

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Be Wary of Centralized Blockchains

Adam Inyang Adam Inyang
Posted at 11/9/2019

https://cointelegraph.com/news/former-pboc-governor-libra-would-be-trusted-if-run-by-imf 

This former Chinese governor doesn't trust Libra and thinks it should be run by the IMF. I trust the IMF less.

The link above describes what we all knew was coming; governments and banks creating their own centralized cryptocurrencies. Simply going by the White Paper of Satoshi Nakamoto, we know that this technology was created to eliminate centralized banking systems. These government-owned and distributed blockchains, the technology won't be for fair and safe distribution of wealth. it will be for surveillance. recently at the #SmartCityExpo here in Atlanta, there were several companies showcasing their new technologies and talking about how innovative and groundbreaking they were. Although some of the stuff was cool, there was one recurring and nefarious theme throughout almost all of them; their innovative tech was just about how they would use cameras to record and stockpile footage of people. They intertwined solar power, VR/AR, and blockchain into their glorified spy cams to make it seem like they were doing solving some kind of problem for humanity. When in reality they're only trying to solve the problems of a few special interests. That problem is how to better surveil and control the populace. We would all be Truman shows to the people controlling those systems. I ain't got time. Be wary of Centralized Blockchains, for the fiat currencies they are tied to will sink and take the centralized blockchain captaining that ship down with it.

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Conducted an Introduction to Cryptocurrency and Blockchain for Power sector Employees

Shantanu Sharma Shantanu Sharma
Posted at 9/8/2019

I was privileged to have been invited to the National Power Training Institute in Faridabad, near New Delhi, to conduct a session on Blockchain Technology. I took a session on "Integration of Cryptocurrency and Blockchain in Business and Life". 

It was a small but engaging bunch of participants who have been working in the power sector for quite some time and were oblivious to the change in the technology paradigms of the world. Their interest piqued when I started to speak about cryptocurrencies, which shows that there is interest in the Indian market in this field, but little opportunities to understand it better. They were also interested to know about the various applications of cryptocurrencies using blockchain tech, in the various businesses including the power sector. I helped them take a peek into how blockchain can help in the Loyalty programs, Supply Chain, and Power sector

I also ensured that they saw how Blockchain explorer looks like and what Hashing actually is (used an online tool to demonstrate the same). 

About NPTI

National Power Training Institute (NPTI), an ISO 9001 & ISO 14001 organization under Ministry of Power, Government of India is a National Apex body for Training and Human Resources Development in Power Sector with its Corporate Office at Faridabad. NPTI has trained over 3,20,000 Power Professionals in regular Programs over the last 5 decades and is the world's leading integrated power training institute.

For more information visit: National Power Training Institute

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Categories: Education  |  Services  |  Technology
Tags:
  • training
  • Crypto education
  • blockchain education and training
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