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Re: drjohn post# 150335

Friday, 11/23/2018 8:29:48 AM

Friday, November 23, 2018 8:29:48 AM

Post# of 151800

Theoretically, it is client to client financial transaction system without any kind of big middleman... it's basically a banking system that runs like Uber or AirBnB. Blocks are a distributed secure data storage technique...rather than storing all records at one point in space, you effectively make a fourier transform and distribute the records throughout all of space. I think getting sovereigns out of the way has many advantages. When you travel to Europe most of your expenses are hotels, typically $300/night and up , plus taxes, if you want any quality. AirBnB can give you equivalent quality for $100/night. No large corporate middleman. Quality credentials are client testimonial posts. Client-2-client model could destroy the corporation as we know it. Just think how disruptive client-2-client autonomous transportation will be. No more taxis, FedEx or truck drivers...you wont own a car, just subscribe to cars, won't need so much parking space, highly efficient (in principle no more traffic jams)..cars will become autonomous drones. Things will change. We really don't need so many people. Compare all of this Sears /K-Mart???

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