despite naive views to the contrary, oil is a scarce asset, whereas data
is not. It was not until the advent of blockchain technology, that the
concept of data singularity even became possible. A barrel of oil or the
unexploited resource deep underground or trapped in shale deposits
cannot have a digital twin and certainly not with a fractional cost of
zero. While digital tokens
can represent a share of an underlying asset such as oil, the fact of
the matter is that the party that has the care, custody and control of
the asset - in oil’s case typically a gun-toting nation state - will
ultimately have the final say on how it is monetized and apportioned
http://bit.ly/2O0dZndhttp://bit.ly/2O0dZnd+--
Peterk
Dallas, Tx
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“If only there were a massive entity that I were forced to fund to tell
me how I should live my life, since I’m so obviously incapable of
deciding for myself.” M. Hashimoto
