There’s lot to learn about *blockchain and *cryptocurrencies. Here are three sources of excellent perspectives.
The title of the first article provocatively says, “You Don’t Understand BitCoin Because You Think Money is Real”. In it, journalist Maria Bastilles delivers a critical analysis, giving us a detailed overview of the context for which we should consider these growing digital currencies.
“Money itself is an illusion, a mass hallucination. You’re working hard to make it, grow it, and keep it, but even so, the only real thing about it is its symbolic power. Which is indeed awesome, considered from a certain angle.”
Second, for more detail of the state of the industry in broader terms with detailed comes from well respected investor and thought leader Alyse Killeen and reads Bitcoin: A Leaderless Movement.
“The technologies that make Bitcoin possible — cryptography, proof-of-work processes, peer-to-peer networking — have existed and been utilized prior to Bitcoin’s introduction, but the method of collaboration in Bitcoin technology is revolutionary. It’s a revolution with extraordinary potential for women’s leadership of a global transformation”.
Lastly, I just finished Cryptoasset: The Innovate Investors Guide to Bitcoin and Beyond by Chris Burniske and Jack Tatar. It reads like a mystery. Let us not forget the original design and launch was by someone or somebodies who call him|herself or themselves, Satoshi Nakamoto. Yet, it is a steady global revolution.
“I have come to understand that bitcoin-and the blockchain beneath it- is a technological advancement that has the potential to revolutionize financial services the same way email did the post office”.
-Brian Kelly, Manager of the BKCM Digital Asset Fund
*A cryptocurrency is a digital or virtual currency that uses cryptography for security. (Investopedia.com)
Future of work startups, fintech and blockchain are taking up a lot of my conversations these days. That’s on top of regular consulting and working on projects in augmented reality, virtual reality and artificial intelligence. I don’t code. I don’t invent. I don’t project manage the making of software or technology products. But I am tech literate.
Interestingly definitions of what that means vary. There are many like this, IGI Global says it’s “the ability to effectively use technology to access, evaluate, integrate, create and communicate information to enhance the learning process through problem-solving and critical thinking”. I would suggest there are broader, applicable definitions today since nearly all of us are surrounded by technology in everything we do from driving a car to researching a term paper.
After a discussion recently, a friend sent this take by Joyce Shen in an article she wrote, “Let’s talk about tech literacy.” Fantastic. In sharing videos from a Lehigh University challenge held at Carnegie Mellon University, she noted this about the students:
“The students did not just talk about the technology or coding, they talked about problems and impact — -specifically, the value to have real time streaming data capturing energy consumption from buildings and the value of having blockchain to secure and process certain information. The students explained concepts clearly for techies and non-techies alike, in an applied way. That is tech literacy”.
It’s a new day. We all need to understand basics about operating systems, coding languages, how it’s made, who makes it, how it’s used and so on. It’s critical as we become more dependent on technology that larger percentages of the population understand what’s happening to us and for us.