rdigitalife: Jesse Hirsh on Digital Currency
2012-10-15
http://www.youtube.com/watch?v=nrXUL8IQxwMJesse Hirsh is the Co-Founder of The Academy of the Impossible and President of Metaviews.ca. In talking about the rise of new digital currencies, Hirsh explains what Bitcoin is, and how it could change the old economic system based on the idea of the nation state, for good. He says, "The nation state is a relic of a past time... But the internet is now. And the idea of digital currency is the idea of value that is rooted in the present empire.
Bitcoin is the first currency on the internet that has no connection to the national government.. has no connection to anything but the internet economy itself
and as a result has quickly grown to be very popular.