Blockchain technology, combined with graph theory and privacy-preserving cryptography, can enable clearing systems that operate without central counterparties or intermediaries, making financial clearing accessible to everyone while eliminating the need for participants to trust each other.
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💸 ANY HOPE FOR OUR MONETARY SYSTEM?追加:
what we've figured out using blockchains, using graph theory, using, you know, privacy-preserving technology that that's available today, we can make clearing accessible to everyone without a central counterparty, without intermediaries, without everyone having to trust everyone else. Just using the kind of the network ethos of of blockchains, of cryptography, and distributed systems that make these powerful capabilities so That's That's the spiel on clearing and cycles.
>> And I I've been following you for many years. You've also been a frequent guest here on the channel.
And I know you write a lot about monetary policy, different schools of economics.
What in your view is actually broken in the current monetary system?
And what needs to happen to to fix it?
Or is there no more hope for the current system?
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