Bitcoin’s Untapped Possibilities
Bitcoin is more than a libertarian dream currency; it is a platform for financial innovation, another tool in the fight against global poverty, and a much-needed veil of privacy for oppressed groups.
Tagged: innovation
Regulating Drones Is as Bad an Idea as Regulating 3D Printing
Regulating technologies always poses a tradeoff, and in regulating new technologies that are platforms for innovation we cannot know ahead of time what innovations we will be foreclosing by regulating. This is as true for 3D printing as it is for commercial drones.
Have We Innovated Our Way to Stagnation?
Has the very growth that made us so wealthy ended up weakening the incentives to grow further? Have the specific nature of many of our innovations drawn us away from productive work and human capital investment?
Le stasis c’est moi
European mores are incompatible with the digital era and will render the continent an Internet backwater,
‘Permissionless Innovation’ Offline as Well as On
“Permissionless innovation” is not just a great slogan for the online world—it describes what we need in the physical world as well. To a significant extent, we can replace existing permission-based regulation with centuries-old restitution-based tort law, which does not require innovators to seek permission in advance.
