# Cyberpunk to blockchains: Cultural history of decentralization | Vinay Gupta (2015) Redecentralize > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [719]. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2016-07-19 (YouTube upload date), https://www.youtube.com/watch?v=EWAhGL-3VBw. Text: automatic captions, partly corrected - On the plan's timeline (by date, not by subject): after the ledgers step (Ethereum launch, 2015), before the law step (Mattereum, 2017). - How it fits the plan (the research build's reading): Ledger strand history. - Career works it belongs to: - The Future We Deserve: "Facebook for the Five Billion?" (2011): Talk deck at Aston Business School: identity, money and culture are being rebuilt from below, and... (suggested by machine) - On Un-Designing the Cryptographic Utopia (2012): Blog essay taking apart the cypherpunk dream of a code-made society, and sketching the few cryptographic... (suggested by machine) - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - Threads (lines of work through his career) it is part of: - CheapID to Mattereum: One identity pattern, from a person's ID card in 2006 to warranties on physical goods in 2017. (through a work suggested by machine) - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - Topics: Cryptography, encryption & cypherpunks (50%) - Distinctive terms here, against the whole archive: PGP (6 here; 16 sources in all, earliest dated 2011); certificates (3 here; 26 sources in all, earliest dated 2006); hashcash (1 here; 3 sources in all, earliest dated 2016); Pop-up (1 here; 7 sources in all, earliest dated 2002, 1 undated); peer-to-peer (2 here; 28 sources in all, earliest dated 2013); proof of work (1 here; 10 sources in all, earliest dated 2014); money laundering (1 here; 13 sources in all, earliest dated 2006); communications (3 here; 81 sources in all, earliest dated 2006, 5 undated); Cyberpunk (1 here; 21 sources in all, earliest dated 2011); Berlin (1 here; 30 sources in all, earliest dated 2010) - The earliest dated source in this archive for (undated sources may be earlier): hashcash - Importance: core-text score 0.27 (1.00 is the top), number 282 of the 729 sources it scored, the research build's measure of substance, importance and innovation - Related sources: - [761] [Cryptoeconomics Lab: Vinay Gupta (2020)](https://guptaoption.com/texts/761.md): close in content (cosine 0.96) - [768] [#03 - Vinay Gupta : History of Money, Foundations of... (2021)](https://guptaoption.com/texts/768.md): close in content (cosine 0.95) - On the same works, just before: [378] [Vinay Gupta Live Stream (2016)](https://guptaoption.com/texts/378.md); [280] [Vinay Gupta Digital 2016 Newport Wales (2016)](https://guptaoption.com/texts/280.md); [278] [Thoughts on the DAO (1) - it takes a lot of people to... (2016)](https://guptaoption.com/texts/278.md) - On the same works, just after: [763] [FutureRant - Vinay Gupta Pt 2/4 - "Survival & Politics" (2016)](https://guptaoption.com/texts/763.md); [679] [FutureRant - Vinay Gupta Pt 4/4 - "Cypherpunk to Cyberpunk" (2016)](https://guptaoption.com/texts/679.md); [276] [Dubai trip notes September 2016 (2016)](https://guptaoption.com/texts/276.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: Cyberpunk to blockchains: Cultural history of decentralization | Vinay Gupta (2015) Redecentralize, video, 2016-07-19, https://www.youtube.com/watch?v=EWAhGL-3VBw; in Vinay Gupta's archive at guptaoption.com, source [719], https://guptaoption.com/texts/719.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=0s) right good afternoon everybody and welcome to the Ethereum part of today's show and I've heard there was a lot of curiosity about refugio more people speculate on how if you ever play into the whole reedit edgewise kind of landscape so what I wanted to give was kind of cultural history of the crypto the ledge to ethereal to reach off about hope things progressed from the first kind of early cyberpunk days through to the present and how that kind of cultural history affect how we feel relates to the other projects in the space and how all this stuff interconnects and something will change and does that sound like a reasonable thing that spent about timer okay so is anybody here old enough to remember pgp being released couple of hands so for the rest of you encryption has always been available even if it's been impossible to use that working great so um so back in the day right there was no civilian cryptography available that you had any degree of trust in right there were expensive systems that were used by governments there were expensive systems have used by companies but it was little with Cold War the Berlin Wall hadn't come down until 191 armed you know the entire field was filled with fear loathing secrecy and lies cryptography was military stuff we'd used break in crypto to win world war two and the whole thing was surrounded by kind of fear uncertainty doubt newmanology spooks it was just a right now on the majority the cryptography that was available but all the property was publicly available was symmetric key and symmetric key cryptography hasn't changed very much since it was invented right you know yeah you go back to things like Caesar ciphers you have a single key which allows you to encode a message and a single key that lets you decode a message on there the same key so what you require do or talk to somebody using as a one key cryptography is you need the ability to have a secret communication channel with that person and then you take your pre-existing secret communication channel and you wrote a whole bunch of additional information into that child so the only [2:30](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=150s) organizations that can effectively deploy this kind of cryptography are the organizations which already have secret communications between their people does that sound like us know right this is the work of spy agencies having secret communication channels and self structured organizations but all the rest of these kind of things and was you know the reach of these organizations was empowered by the availability of one key cryptography but if you weren't an organization but already had that kind of feature they're also very mature to do with that and the fact that if somebody was captured you got hold of their keys and then you could decrypt all the messages that had been sent than previous that highly problematic so what comes into this kind of situation is that there was no change in the distribution of power simply because you're the new kind of cryptography the new crime in cryptography was only useful to be existing players and as a result very well changed even a symmetric key became kind of common around the time the AES was invented which is probably the what was mid-1970s for AES may be over later AES Advanced Encryption son so or actually des so then we get home symmetric key so most of us we got you're younger you're going to assume that we've always had symmetric key cryptography because it's been around since before you were born and we're old enough that you could get real hackers that were born post symmetric key command actually back in the day you know it was an enormous shift in perspective for the proposal T community to go from a world in which cryptography was basically a single key and it's used to both reading writing to you have two keys one key to read one key to write and those keys are separable right the original work goes back to GCHQ where somebody comes up with this notion of wouldn't it be amazing if we had a key you know one key to encrypt or one key decrypt and then they spend years looking for an appropriate branch of mathematics that has that property and finally stumble into computational complexity is the thing that will allow you to make this work so it's easy to encrypt it's hard to decrypt if you know the secret becomes fast decrypt because the mathematical operations are easier and this is essentially a horror all all the stuff you think of when you say crypto for et cetera zation you're all going to use as symmetric a symmetric key to proper fee and your systems [5:00](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=300s) because unless you've got pre-existing secret communication network single key cryptography doesn't really buy you in there right double key cryptography is where it's our and the main shift in the cryptographic community that went along with this can't be overstated this was fire from heaven what do you mean you use a different key to encrypt and decrypt this will change everything and surely enough it doesn't right what happens is you basically get into this position where we get the technical possibility of doing something amazing but society doesn't but it doesn't right sorry I was late and now when I see we thought the world we change right the rhetoric of the early social punk movement is that an asymmetric key cryptography will result in the collapse of the nation-state right this has boldly stated by tons of people in the early 1990s PGP we call the end of government as we know it there's no way around that claim is made with a perfectly straight faced by people that are doing things like running branches VIN tell you go back a nougat like Timmy's cryptonomicon or Michael and the boldness of the Queen has made our that once you can reorganize society around this kind of cryptography the state will become unable to function and everything will just fall to pieces and will be the emergence of this new spontaneously organized self-organizing Anarchy the kind of automatically does the functions of society through spontaneous corporation did that happen Zhen Zhen being notice that currents are serving and note is really clear about how things interface between technology and [6:54](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=414s) society we keep expecting this kind of massive discontinuous to change and it keeps just not arriving so what we did was we approval ization we got an enormous amount of force applied by the state to try and get this technology back under control right nearly JS g PG the US retaliated with an export control agreement which meant that it was illegal to take public key cryptography out of america you couldn't export software legally if you did you're going to go to jail so we wound up do it was printing the source code in books because books were covered by a different set of legislation physical emailing them to Europe Europe then scanning it all back in again correcting the errors compiling the code knowing European distribution of the code can you imagine being in an environment where the government has made software that people were writing and using two practical approaches we fly out illegal and this is the situation of retaining those things on the feeling that this was a kind of revolutionary era and that we were just one step away from 200 million PGP users by noon US government and everybody running around doing what they like to the resulting aren t this is a really hard tangible thing but obviously we've just around the corner [8:19](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=499s) so the next question was how are we going to enable people to figure out which key web which user and this goes by a problem goes by the name of public key infrastructure so the expectation was you're going to build emergent social structures using cryptography but these emergent social structures are impossible to build if you can't identify which user is attached to each key so the classic instance of this is the man in the middle attack right I want to send message gov I asked you know Frances for God's key Frances gives me Francis is key and says this is gabs key so I know send message Gumm for Francis Rita in the middle then takes evasive times get us and encrypts it with what he knows to be gasps key and now we've got a silent intermediary who's still in all of our data and we've we went through an enormous amount of work to figure out how to address the man in the middle problem and woke him out that was the so-called gpg web of trust and gpg web trust is why nothing happened with cryptography in the 1990s the web of trust is just a failed thing every possible level nobody ever used it in any kind of disciplined way and as a result it was impossible to verify who pees when the fact that there was no generally usable public directory of people and their crypto keys is still completely anomalous but nobody ever figured at home do that and as a really not there were key servers and all the Restless up but it never fundamentally worked because there was no way of pinning a key to a person other than this notion that lots of people who knew that that key belong to me would sign the key and then you could look at all their signatures and you would know enough van that you could probably figure out there 15 people not less for people who you knew the key for than that he was probably trusted and actually what web along with our was a mindset the ordinary people found completely intolerable to think of them so the whole thing of key ring management and secrecy and trust networks and all the rest of that ordinary people this was just mental pain that they could not live with and as a result it just didn't use PGP and an almost entire we've grounded in the P distribution problems because actually getting your email to encrypt it's really easy just just a little pop-up button the hard part is getting the key of the person to encrypt it and there's a name problem right in the heart of that which is binding a human being to an email address and then binding an email address to a key and because it's [10:49](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=649s) a to link system you wind up having to independently check each one of those links and the result is just one level of indirection more than people around having so gpg web trust goes nowhere what does succeed in a huge way is the x.509 standard in the form of HTTPS certificates so you hear all this stuff in the news now about certificate authorities falling to pieces not rest of that but we actually got 50 years of highly usable civilian cryptography it's just it was centralized cryptographic key management assigning keys to institutions that came with a check and then once you had that kind of network of keys established for Amazon and for Google and everything else ordinary users could trust anybody that within the key management hierarchy and this was essentially a strengthened bureaucratic deployment of cryptography that created a kind of bureaucratic regulated space that allows available progra fee to work but it wasn't peer-to-peer of cryptography so there is no real way in practice of using security offered by the x.509 hierarchy the certificate hierarchy for point-to-point communications so if I wanted to send a message to somebody therapy was not in the x.509 space because those certificates for work on web access they weren't reusable for email in any kind of normal fashion so there is no way for me to attach myself to that pyramid so I could get secure communications and prove who i was there is a ton of discussion about doing that kind of stuff and companies started to try it but in practice it never widely shipped another result what we were left with was a way of finding out which key goes which person for companies but no effective way of finding out which key goes with which version for people and as a result we wound up with no way of finding her way through the crypto space and as a result that was just no adoption that these kind of problems right these are techno social problems they're woven between our understanding of Technology in society and in the middle is the psychology of usability user comfort does anybody know if they call the mental accounting problem yep so the mental accounting problem is flying nobody's ever had a micro-pay standard that worked turns out that the mental kind of difficult or mental tots or overhead I've decided to spend two pens [13:19](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=799s) to read a web page it's roughly the same as the mental overhead when you decide to spend 20 pounds on buying a book so if you've got tons and tons and tons and tons and tons of little micro transactions in your life you constantly experience anxiety because you're constantly making spending decisions and as a result even if the amount of money that's being spent is the same 20 pounds spending it to pensar time feels like an enormous labor on over and over and over again every time you're 15 years people reinvent the idea that we're going to pay for our contract with micropayments the latest instance of this is people talking about how are we going to have streaming music where you pay by the minute I just don't think that's gonna work right we've got a long history of micro-paying it just doesn't happen similarly with everything to do with cryptography if the users could see the cryptography the product will not get used right long strings of hashes weird-looking addresses with their 48 character identifiers then we are signature blobs over never trust mechanisms that need me to actively think about whether or not the first time communicating with is who they say they are you know imagine that translated into the physical world right you meet somebody in an office and you have to examine their face really closely to make sure they're not wearing a scooby-doo rubber mask to actually your face top down and when you psychologically put people into that position when they have to do something like validate a key it creeps about and exactly the same way that having do it rubber mask check in with Lewbert live in the world right you know we are primates where our instincts are really not very well with all for technology and cryptographers our tiny percentage of the population that find this stuff intuitive and easy to think about so what's happening is because we've got a non neurotypical community that does all the real work on this stuff trying to export their ideas to the neurotypical community what we have is an enormous hump of misunderstanding and that hump of misunderstanding it shows up all the way through all of these arenas but it most specifically accretes around key match and we never got HTTPS for our website still toboggan topology so all of that stuff pretty much stalls out late 1990s at the equilibrium of we've got HTTPS very x509 arm nothing else really happens in cryptography basically [15:49](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=949s) for the next ten years write in the margins there's a little bit of R&D thinking if it's done first piece of this is a single harsh let's think there might have been harsh cash implementations as early as I was in the late 90s but really the hard thinking around this stuff doesn't happen to a bit later oshkosh is simply the idea that I run my computer for a long time on a generative proof that I did that and then I use that proof ad to show somebody else I've done much of work and the normal way of doing that is that you will ask me to prove something so you give me a problem to solve and it will take 40 hours by computers time to solve that problem on when I Hajj about the result of that you know that I actually care enough to put in the effort and if you're in some kinds of situations where you assume the person you're doing with this limited computer resources you give them a hard problem you give somebody else a hard problem if both of those problems get solved you assume these are different people that kind of thinking doesn't really apply in a networked world but it can't apply in certain kinds of special cases where you substitute proof of work for a proof of identity and that sort of stuff can a burbled way in academia there are a couple proposals for using harsh captures way of preventing people spamming each other on the internet to go run your computer for five minutes before you can send an email makes spamming impractical but basically nothing happens with half ass it just kind of sits there on burbles along with a file now and then we get the distributed hash table so hash table common data storage mechanism inside computer programming language is you take a key which is something like a name you take a chunk of data which can be anything your life and you've got quick Americanism from going from looking at key to getting the name common as dirt all through computer languages decentralized hash table same mechanism but now you can store petabytes on the damn thing because it's a fondo over up 10,000 computers again comes out of academia I think one of the early implementations is something like camellia on lots of interest in what projects kind of verbal along what's in these kind of you know two guys and dog in a string kind of all laughing project and then boom veteran and bitter is the [18:19](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=1099s) first mass deployment new cryptography app that really happened since the adventure PGP it's a really really commonly used then everybody's using it and it's kind of like the first cut our a harbinger of what's to come you know gpg x509 Victoria a better also begins to broach this question of crypto economics because it has an internal mechanism for tracking and you get so many chunks of files sent to you you said so many charter chunks of foul back out again and these numbers are supposed to stay close to each other so we begin to use a pseudo economic model or validating the people are actually doing their share of the work required to operate the network and again this becomes quite important later on extent first inkling of a new way of doing this so this is the part we're getting hit on the new are [19:15](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=1155s) hey koi so bitcoin is really something that you got put into the historical context or ten years of people hacking away on computers going to radically change the society very libertarian or one of those folks very arty State Eagles very calm we use crypto currency system among those people but even actually a crypto currency gold reserve back to count based slowly so it's always always early this Bitcoin thing comes over the horizon like well you know we've got people running their computers generating these coins the coins can be transferred to each other they float you don't really of any value the software's but buggy not much happens not much happens that much happens 2011 2012 boom suddenly realized that the internet now as a central banker people are making money and I say making money in both senses right there physically running their computers to generate coins and the coinstar out be worth dollars and the immediate image in the heads of the general public they hear about this at this point is that people have basically turn their wat drop into an ATM machine they just keep dressing entered twenty dollar bills come out right and at this point we have something with people can really relate to a geberit ggggg so this starts as the slam pinned into bitcoin bitcoin is designed in such a way that if the response that happens to a stampede is not the more bitcoin is created it's at the price of bitcoin goes up so early early adopters a bit call you suddenly get range which is why you've gone maybe half a billion or a billion dollars risk capital sloshing around in the Bitcoin ecosystem because it's all these folks that made out like bandits in the early days a bit calm and the capitalization of a radical political group of actual financial assets who can then continue to write software to attack them political vision is one of the biggest historical turning points who have seen since probably World War two right and once you've got a different power elite holding actual capital reserves they could begin to create a new world without having to ask the say-so of people already have access to capital and that's a really new development that's really something to watch so let's do pieces whoa hi there so what's my ass spider 10 [21:45](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=1305s) because I'm gonna come and take a look at this time to figure out life doesn't have my loss despite should just reload air nothing you health is fine yeah I guess okay so so what as it combines all these systems right bet coin has an architecture where all the pre-existing PK I am so cryptography we know pretty much winds up embedded inside a Bitcoin right the stuff about two key cryptography core trip because of the address is that you send money to receive money from our keys so all the key management stuff inside a Bitcoin news of the accounts and Hashcash is used because it becomes mining the DHT is used goods where the data is stored right bitcoin is essentially summary of everything we knew about cryptography up to that point all wrapped together into a single system not all the weirdies at erics stuff at the major algorithmic breakthroughs are all representative and what happens is that we get actual social change because we finally got a fundamentally new capability and because it turns your computer to an ATM machine where you just press enter money comes out and we see the public imagination people pile in and actually use the damn thing and think of it in terms of generations technology gpg theoretical doesn't we go anywhere x509 AK https widely token vektor wifely adopted that wise the harm right gpg your comments with transact volume you can't communicate okay x509 https certificates while you use a credit card on the internet change exchange of value is absent trade is happening people pile in the bed turn allows mass piracy of files more efficiently than before aren't you don't get arrested amazing suddenly gives you access to value works very well bitcoin comes along press ENTER [24:15](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=1455s) receive money allows access the value allows transmission and transmission of value allows people to get a ton of money mean so it seems like cryptography that allows trade turns out to a pretty good history of actually getting built but cryptography that doesn't allow trade doesn't I think that might be an interesting design principle for reedy centralized type projects show how train is going to be fueled by this thing if it's going to allow people to sell their handmade woolen socks to their neighbors more efficiently maybe people won't this brings us to material right so if Irian comes along when and people start looking at this here watching and saying all right right now all cancers transactions are transactions are not inherently all that interesting what happens if we take cooled and we could code in the blockchain and then we run the code in the wall chain right and at this point you kind of her like what but you know it's sort of kind of make sense right figure of an Excel table cell equals 57 or equals a formula or equals the output of a function which is written individual basic you know you go from a number of formula in a kind of limited language to full program ability which record from all the rest so we go from a transaction we kind of skipped firm you apart we go all the way to a programming language so ethereal takes all of this kind of block shady stuff from Bitcoin replaces it with an upgraded version and then puts a scripting language right in the middle what's interesting about that is both what it does is what it doesn't you so we still don't have this pki stuff there must be I don't know 50 Ethereum projects that are in some way related to helping figure out or who is responsible for talking to a key so that's all the kind of KY caml anti-money laundering know your customer banking interface stuff all of the projects are trying to attach attributes to a key here is my public phone number that's my crypto key that you look back you up in the database you'll discover it belongs to somebody there's an X record of borrowing harsh bitcoin and returning the freshly watered so the ability to attach attributes the keys or attached persons the keys we still don't have a really good answer for that and the work on that is everywhere it's obviously hugely important but nobody's [26:45](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=1605s) crafting interesting um we still don't have massive communication networks that are doing peer-to-peer encrypted calls using these things so you would think that people would be routinely using their backbone addresses as keys which they could then use for say OTR messaging or a pgp cell and cryptid email or anything else of them but in practice the software hasn't been built out that will allow me to encrypt a message to the same address i'm sending back on do and this is another one of these peculiar things why do we not have a regime where it's relatively easy to use bitcoin address so you know for sure that the message is only going to be read by the person that you're sending a payment to and this is a curiosity and so i'd like to end with is a little bit analysis of what constitutes trade you have two people they want to do business together they generally speaking if they're doing anything more complex than barter need a medium of exchange typically comedian exchange is money right but the money is simply a metal disk whose physical appearance is essentially copyrighted by the state right if you make one of these for yourself they call a counterfeiting than they give you 20 years in the electric chair so the metal desk only becomes a medium of exchange because of the external presence of the state guaranteeing that there will be a certain set of rules that apply to how these things are used you got long to crypto currencies the rules of the define how this stuff works are embedded in software right um you know you have a string of your computer that represents a transaction you could copy that string you can mutate it you can acts or it with your first day wearing you hack you like but the fact that it is as if it was money is created by this kind of external rule set that is shared by the Society of people are all running bitcoin climb or the Ethereum client or a white coin client wherever it happens to be there is a social body that agrees on a rule set but rather than green but the rule set using a court system degree by assenting to be members that system a running the software but we've all do really got mass deployment currency and transactional instruments from those kanpur greenies well I'd like to see is some speculation about how we fundamentally solve the problem of citizenship within cryptographic [29:15](https://www.youtube.com/watch?v=EWAhGL-3VBw&t=1755s) entities right how do we get a conscious political bloc that says right we are the 85,000 people that are currently running a copy of this client on collectively we act as a block to make decisions about how this thing will be administered and this is actually quite an important problem because the enormous room has strengthened side of the Bitcoin world but Bitcoin XT comes from further ordinary Bitcoin users have no credible mechanism for political representation when they want to argue their case for one preference or another relative to the people that are right in software and I think that what we're going to find increasingly is the answer people who are standing behind these software systems are essentially making wall for polities we're going to need some mechanism approximating Democratic Sen or democratic engagement relative to users on the people that are writing their cryptography and I think that that is potentially the next large forward step and complexity as we've gone from generation after generation of systems that enable trade I think the next jump is a system which enables citizenship you know how do you become part of Wikipedia in such a way you get to vote for the senior administrators and define reality inside of the system how do you get to vote as a member of the Ethereum community on how the funds will be allocated to do the natural future development because think that we've gone almost all the way to the end of the path which is about transaction or trade but I think the next step has to be governments --- End of [719] Cyberpunk to blockchains: Cultural history of decentralization | Vinay Gupta (2015) Redecentralize. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [763](https://guptaoption.com/texts/763.md) FutureRant - Vinay Gupta Pt 2/4 - "Survival & Politics" (2016); the most closely related, [761](https://guptaoption.com/texts/761.md) Cryptoeconomics Lab: Vinay Gupta (2020); his whole career in one file, https://guptaoption.com/story.md.