Episode Summary

In this episode, we dive into how and why The Bitcoin Blockchain Can Record Non-Bitcoin Events, in other words how the technology works to record things like photographs, and documents, and why that would be useful for us to have as an immutable recording of the historical events of an Economy and Society. And Ultimately how Cryptohistory is Cryptographically Verifiable Macrohistory We cover: How we can use Bitcoin's blockchain to provide a cryptographically verifiable record of any historical event for the cost of a single transaction.: like who did something, who received something, what happened, when did it happen, where did it happen, and potentially even why it happened How the proof-of-existence mechanism can log arbitrary data to the Bitcoin blockchain, including data from other blockchains, to make copies of them How tools like Elliptic and Chainalysis can deanonymize many transactions on Bitcoin. How Other technologies, like Zero-knowledge proofs, Smart contract chains, and Decentralized social networks, can extend the capability of what can be hidden or recorded on-chain. How Naming and Incorporation systems like ENS allow us to hold individuals and corporations accountable for their actions. How Cryptocredentials, Non-Fungible Tokens (NFTs), Non-Transferable Fungibles (NTFs), and Soulbounds can speed up hiring and recruitment processes to increase social mobility around the world What blockspace is and why our advancements in blockspace will allow for the same kind of advancements we’ve seen with computer processing power, things like having a smartphone that is more powerful than old computers that used to take up an entire room How we can use this technology to protect ourselves from deepfakes, misinformation, and government censorship And finally, how having a global or national ledger of record would have helped us save thousands of lives during the Covid-19 pandemic, and trillions of dollars by curbing global inflation rates We covered so much in both technical and layman’s terms so that anyone could understand these concepts. Since we’re just starting out and could really use your support, if you like this episode, please tantalize that like button into a roaring frenzy, share this episode, comment, sign up for our newsletter, and retweet our episodes to @Balajis so we can get his attention and get him on the Podcast! I promise we’ll make it all worth it for you. --- Send in a voice message: https://podcasters.spotify.com/pod/show/better-societies/message
... Show More

    No results