About This Show
Join Darren, JJ, and Randy every Wednesday night as they discuss the future of money today! Show topics include international news about digital currencies such as Bitcoin, Ethereum, and Dash, as well as traditional markets and fiat currencies. Monetary & economic policy, blockchain news, and technological innovations round out the topics. http://NeocashRadio.com.
Most Recent Episode
Editorial: Blockchains Will Become the DNA of Our Future Society
4 days ago
An Editorial from Co-Host JJ Epic! Darren and I started Neocash Radio to talk about Bitcoin and Cryptocurrencies as our main focus. Talking about the future of money today. What we ended up talking about was the future of technology, the future of software development, and the future information security. While on one hand you have a few ever growing corporate behemoths on the other hand you have an array of new innovations created by individuals. The old model and the new. The old model required the consolidation of resources due to the scarcity of those resources. The resources include people and equipment which made sense to pack closely together into localized hubs. The new model is a sea of individuals directed by their own desires and passion, each working on a very small piece of a much larger puzzle. Like individual cells in a larger organism. Bitcoin and open source development have created a new kind of money. A currency controlled by a protocol and a distributed ledger -- a blockchain. Blockchains will become the DNA of our future society. A log of all the decisions made, the consequences, and the resulting sum. Using this technology for money was a master stroke. Now that the Blockchain is proven and widely adapted money will never be the same. But it’s not really about money. It’s about the action created, the signal sent, and the time spent. Ultimately time is the only real currency. The rest are tokens for convenience. Or tokens of time, as in the hourly wage. What we are actually talking about the the future of humankind today, the future given the effect of the human actions created up to and including now. Whether sitting in front of a TV or driving a race car, in each case an action was created, a purchase was made, and time was spent. With time, everybody starts out rich and ends up poor. With near-instant communication, open source development, blockchains, and the rise of peer-to-peer protocols humankind can more closely mimic a well known, durable, proven system: the human body or carbon based organisms in general. Individuals working together like cells
Rated 5 out of
Great news show for Finance and Economics!
This is a great show that will keep you up to date as we progress through the 21st century. There is great news, and some very unique insights that can't be found any where else. JJ and Darren have a great dynamic.
Date published: 2014-08-02