Bitcoin. Blockchain. ICO. Tokens.
There…possibly that has caught the attention of search engine optimization algorithms.
Today Facebook queried whether I’d like to share my facebook memory of Steven Hawkings WSJ article in 2010, which I admit to finding depressing then and, having read it again today, now too. Recently my personal life has me regularly dealing with end-of-life conversations and work has brought me into the world of ageing coupled with questions about whether those who are ageing, require an international instrument to protect their human rights. While you may not be sixty or even “near it”–if you believe anything, believe this, it’s closer than you think.
Which brings me to the sandbox of the younger generation. Today China and South Korea apparently outlawed coin/token offerings–“ICOs” for those in the know. I read this blog, Legal circles that touch my world are full of interest and concern over ICOs banned in China and South Korea, wondering, who will be next?
Then there is Einstein who said:
“The most incomprehensible thing about the universe is that it is comprehensible.”
and then Hawkings 2010 WSJ article:
Spontaneous creation is the reason there is something rather than nothing, why the universe exists, why we exist. It is not necessary to invoke God to light the blue touch paper and set the universe going.
which brings us to bitcoin. Again, gratefully, the world has created a new “it”–for lawyers to wrap their heads around, enforce and challenge regulation of, litigate over and offer opinions on. Thank the god that Hawkins insists does not exist (for if he did (exist) surely he would have stood in the way of tokens and coin offerings). Thank goodness for the theory of spontaneous generation of things that in its own special way mires mankind in a system that depends upon infinitesimally synched synapses offering the collateral benefit of a world of problems for lawyers to unravel–in this case, the regulation of shadow currencies.
When my son was little we indulged him with collections of ancient Roman coinage. Now in our ageing years, we assemble jars of pennies and pocket change. The question is this: Will I live to see the day when grandparents log onto their ledgers to buy the grandkids presents with saved up bitcoin…and will the next United Nations convention protect the right of those ageing to wheel and deal with shadow currencies with reckless abandon? Only time will tell.