If the agricultural revolution was about exploring human's ability to coordinate, the blockchain revolution is about unlocking this ability to its fullest. It’s the first fundamental change in humanity since the invention of agriculture.

With the invention of agriculture, the size of groups humans lived in grew dramatically. We were no longer hunter gatherers, with easier access to more nutrition. We could stay in one place and build larger communities. This required greater coordination overhead which eventually capped the size of how big the first communities could grow. Barter and trade after all can only scale so far. It’s not efficient. People can’t specialize in different things that benefit the community as a whole. It’s a lot easier to trade something for money, knowing money gives you flexibility for both the buyer and the seller. Money is a store of value at its core. So you can create things of value knowing you can exchange it for money. Something you would not have done in a world with only and barter and trade, where you would only work on things you could directly trade. Money allows for the creation of larger communities and more ambitious creations within these communities. It's no coincidence that the first instances of money we can see are with humanity's earliest recorded civilizations in Mesopotamia.

Money however is no easy thing. For it to work as a measure of value, it must be a neutral party meaning it must have a fixed supply. If it increased too much in value (less supply/deflation), people would hold it and not trade it. If it dropped too much, it would be worthless as people would try to get rid of it for things of value (more supply/inflation). It must be easily transportable. It must also be divisible to measure differences in value. Such a thing is not found in nature. You end up needing to invent a government to create and monitor something that fulfills the above requirements. This has been true for all of human history until 2009 A.D. with the launch of Bitcoin, and with it, the invention of the blockchain.

The societal coordination overhead has gone from planetary to pocket sized. You no longer need to invent a government, banks and an army to enforce a currency. This is a new fundamental. The first since the invention of Agriculture 10,000 years ago. Opening the door to arrange communities in truly novel ways. The part of our brain that deals with concepts of identities will be called upon the way the coordination part was all those thousands of years ago.

What happens next? Let's find out.

If the agricultural revolution was about exploring human's ability to coordinate, the blockchain revolution is about unlocking this ability to its fullest. It’s the first fundamental change in humanity since the invention of agriculture.

With the invention of agriculture, the size of groups humans lived in grew dramatically. We were no longer hunter gatherers, with easier access to more nutrition. We could stay in one place and build larger communities. This required greater coordination overhead which eventually capped the size of how big the first communities could grow. Barter and trade after all can only scale so far. It’s not efficient. People can’t specialize in different things that benefit the community as a whole. It’s a lot easier to trade something for money, knowing money gives you flexibility for both the buyer and the seller. Money is a store of value at its core. So you can create things of value knowing you can exchange it for money. Something you would not have done in a world with only and barter and trade, where you would only work on things you could directly trade. Money allows for the creation of larger communities and more ambitious creations within these communities. It's no coincidence that the first instances of money we can see are with humanity's earliest recorded civilizations in Mesopotamia.

Money however is no easy thing. For it to work as a measure of value, it must be a neutral party meaning it must have a fixed supply. If it increased too much in value (less supply/deflation), people would hold it and not trade it. If it dropped too much, it would be worthless as people would try to get rid of it for things of value (more supply/inflation). It must be easily transportable. It must also be divisible to measure differences in value. Such a thing is not found in nature. You end up needing to invent a government to create and monitor something that fulfills the above requirements. This has been true for all of human history until 2009 A.D. with the launch of Bitcoin, and with it, the invention of the blockchain.

The societal coordination overhead has gone from planetary to pocket sized. You no longer need to invent a government, banks and an army to enforce a currency. This is a new fundamental. The first since the invention of Agriculture 10,000 years ago. Opening the door to arrange communities in truly novel ways. The part of our brain that deals with concepts of identities will be called upon the way the coordination part was all those thousands of years ago.

What happens next? Let's find out.