Blockchain had once been thought of as unhackable, but recent attempts to manipulate the system have caused all sorts of trouble for industries, such as cryptocurrencies, that use blockchain. Back with us today is infrastructure architect Dr. Russ White (rule11.tech), who, as always, has a fun and spirited conversation with John. Today, he explains what blockchain is, how it has become vulnerable, and the possible implications of foul play. He also gives an update on the disturbing union of Big Tech and Big Government.
The state of Florida is becoming a magnet for technology companies, specifically crypto-currency firms, because of the state's business laws. To discuss this and more, Andrea O'Sullivan (jamesmadison.org), Director of the Center for Technology and Innovation at the James Madison Institute is with us today. She discusses the advantages of having a decentralized system of business over a centralized one, namely the ability to communicate directly with users and bypass the potential censorship of Big Tech. Blockchain crypto-currency is moving to decentralization and the powers that be are definitely worried.
No matter who eventually emerges the winner of this election, what will the American financial system look like? Or the global economy? On today's podcast, John and Carol dive into the economic arena, covering a variety of topics, including the U.S.'s massive debt load, how other countries are connected financially to the U.S., and the future of currency and global economics. They also surmise what will happen with taxes, businesses, and relations with China should a Biden administration become a reality.