Most people didn’t read the press release by the Bank of England last week carefully enough to be shocked by the admission that even though one wanted one’s digital pound and one wanted it by 2030 and trusted, wholeheartedly, that one’s educated loyal subjects were already used to fast digital payments via their portable telephones,Continue reading “The Bank Strikes Back”
Category Archives: economics
Layer 4 is a Policeman!
Ethereum is now a government information system In October 2022, two separate news items flashed across the crypto ticker: one, that the CFTC was studying the feasibility of real-time monitoring all Ethereum transactions, and two, that the EU Commission was tendering a feasibility study for the very same. No further details were given. When aContinue reading “Layer 4 is a Policeman!”
The Future of the Internet of Things
Imagine yourself in the future. You get up and your coffee is already made for you, perhaps even your entire breakfast. Smart kitchen utensils are preparing your scrambled eggs, and the smart fridge reorders soy milk as you take out the almost empty bottle. You are probably not reaching for your phone; instead, voice commandsContinue reading “The Future of the Internet of Things”