The Epoch of Chained Blocks

For a system built on blocks, it was one more of cake crumbs and small bits of creamy information. There was the Genesis block, it was supposed to be hard-coded into the system. Six days later like God before him, the next block came.

"The Times 03/Jan/2009 Chancellor on brink of the second bailout for banks."

The divine watchmaker who winds the clock and sets it on a countdown. There is a countdown, 140 years from now assuming the power of our computers stay with Moore's law and then the last mined block. The whitepaper explains this.

Then, this system is all theoretically over.

Humans love to count down three . . . two . . . one . . . blast off. Science has given us other measures by which to think about endings. Running out of oil, water, clean air, newborn babies, you name it. All resources are scarce. Though your ingenuity seems to keep them alive just a little bit longer. In the very sexy voice of Jeff Goldblum--Life finds a way.

Not this. This was designed to end. An experiment of thoughts probably. Some statistics student who wanted to play real-life sims with the one thing that has driven men since the agricultural age settled into civilization--money.

Which rabbit holes to descend? That is a question. From my view, all lead to the same place.

There is the economic indictment of the quantitative easing that unspooled as a lifeline when the derivatives market came crashing down. Algorithms had failed our financial…