Best quotes from the book by Don and Alex Tapskott

Don Tapscott is one of the world’s leading technology and business executives. According to his authorship, there are 15 books, including Wikimedia, Digital Economy and Transition to the paradigm. And recently, in collaboration with his son, Alex Tapscott, he published the book “Blockhchain Revolution”.

Containing thorough and at the same time not too long-winded explanations, “Blockchain Revolution” has quickly become the leading edition among those who are not really au fait with the topic and eager to eliminate this gap in their knowledge. Education is one of the most important tasks of adopting Blockade’s technology, because it is a technical topic that can not be fully understood at once. This technology is still so new, and there are very few educational resources available to the public. Finally, we have a book that elaborates on the Bitcoin and BlockCheck technology for a wide public.

Don and Alex Tapscott explain how the technology works, describing afterwards how it can be applied in various fields. They also set out their opinion on whether blockading technology has the potential for revolution in all categories of industry, including banking, government records, insurance, health, property and property, digital identity, trade, clearing and settlement, secure voting systems, and others.

At the moment, we provide the opportunity to plunge into the world of bitcoin trailblazers by giving a list of key quotes from the book:

  1. “ Data is becoming a new asset class – one that may trump previous asset classes.” (p. 13)
    “ If you’re a young person, don’t give up on democracy. It may be broken but it’s fixable.”(p. 225)
  2. “Banks everywhere are scrambling top-level teams to investigate opportunities, some of these with dozens of crackerjack technologists.”(p. 8)
  3. “By the most conservative estimate, the 10 billion or so devices connected via the Internet today will grow to more than 25 billion by 2020.Call it ‘infinite data’ from infinite devices.” (p. 151)
  4. “Governments that wish to repress the voices of citizens everywhere and have captured technologies like the Internet to silence dissidents and block outside media will find blockchain technology significantly more challenging.”(p. 245)
  5. “How do we get from porn and Ponzi schemes to prosperity?”(p. 9)
  6. “Imagine a technology that could preserve our freedom to choose for ourselves and our families, to express these choices in the world, and to control our own destiny, no matter where we lived or were born. What new tools and new jobs could we create with those capabilities? What new business and services? How should we think about the opportunities? The answers were right in front of us, compliments of Satoshi Nakamoto.” (p. 28)
  7. “Let the code speak for itself.”(p. 31)
  8. “Nineteen percent of Nicaraguans have a formal bank account, but only 14 percent are able to borrow and only 8 percent have formal savings. Yet 93 percent have a mobile subscription, usually in the form of prepaid access.”(p. 170)
  9. “Privacy is the foundation of free societies.”(p. 13)
  10. “Regulators are still trying to manage this machine with rules devised for the industrial age.”(p. 56)
  11. “Sort of the ultimate Tamagotchi, the blockchain is a globally distributed nest egg.”(p. 35)
  12. “There is a growing agreement among technology companies that the blockchain is essential to unlocking the potential of the Internet of Things.” (p. 153)
  13. “To be sure, the blockchain provides opportunities to stop the stampede to a surveillance society.”(p. 44)
  14. “Undoubtedly, its best applications are yet to come.”(p. 219)
  15. “We believe that the economy works best when it works for everyone, and this new platform is an engine of inclusion.”(p. 25)
  16. “When it comes to governance and stewardship of this global resource, women have taken the lead.” (p. 288)
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