The Truth Machine
The Blockchain and the Future of Everything
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Narrated by:
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Sean Runnette
About this listen
"Views differ on bitcoin, but few doubt the transformative potential of Blockchain technology. The Truth Machine is the best book so far on what has happened and what may come along. It demands the attention of anyone concerned with our economic future." (Lawrence H. Summers, Charles W. Eliot University Professor and President Emeritus at Harvard, former Treasury Secretary)
From Michael J. Casey and Paul Vigna, the authors of The Age of Cryptocurrency, comes the definitive audiobook on the Internet’s Next Big Thing: The Blockchain.
Big banks have grown bigger and more entrenched. Privacy exists only until the next hack. Credit card fraud is a fact of life. Many of the “legacy systems” once designed to make our lives easier and our economy more efficient are no longer up to the task. Yet there is a way past all this - a new kind of operating system with the potential to revolutionize vast swaths of our economy: the blockchain.
In The Truth Machine, Michael J. Casey and Paul Vigna demystify the blockchain and explain why it can restore personal control over our data, assets, and identities; grant billions of excluded people access to the global economy; and shift the balance of power to revive society’s faith in itself. They reveal the disruption it promises for industries including finance, tech, legal, and shipping. Casey and Vigna expose the challenge of replacing trusted (and not-so-trusted) institutions on which we’ve relied for centuries with a radical model that bypasses them.
The Truth Machine reveals the empowerment possible when self-interested middlemen give way to the transparency of the blockchain, while highlighting the job losses, assertion of special interests, and threat to social cohesion that will accompany this shift. With the same balanced perspective they brought to The Age of Cryptocurrency, Casey and Vigna show why listeners must care about the path that blockchain technology takes - moving humanity forward, not backward.
©2018 Paul Vigna and Michael J. Casey (P)2018 Macmillan AudioListeners also enjoyed...
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- Narrated by: Bob Loza
- Length: 6 hrs and 24 mins
- Unabridged
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Is the Internet erasing national borders? Who's really in control of what's happening on the Net--Internet engineers, rogue programmers, the United Nations, or powerful countries?In this provocative new book, Jack Goldsmith and Tim Wu tell the fascinating story of the Internet's challenge to governmental rule in the 1990s, and the ensuing battles with governments around the world.
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Mostly delves into questions of law
- By Amazon Customer on 05-07-11
By: Jack Goldsmith, and others
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The Zero Marginal Cost Society
- The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism
- By: Jeremy Rifkin
- Narrated by: David Cochran Heath
- Length: 14 hrs and 15 mins
- Unabridged
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In this provocative new book, Rifkin argues that the coming together of the Communication Internet with the fledgling Energy Internet and Logistics Internet in a seamless twenty-first-century intelligent infrastructure—the Internet of Things—is boosting productivity to the point where the marginal cost of producing many goods and services is nearly zero, making them essentially free.
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Not a convincing argument-just stories & ideology
- By Pierre Parent on 07-26-17
By: Jeremy Rifkin
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System Error
- Where Big Tech Went Wrong and How We Can Reboot
- By: Rob Reich, Mehran Sahami, Jeremy M. Weinstein
- Narrated by: Kaleo Griffith
- Length: 11 hrs and 28 mins
- Unabridged
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In no more than the blink of an eye, a naïve optimism about technology’s liberating potential has given way to a dystopian obsession with biased algorithms, surveillance capitalism, and job-displacing robots. System Error exposes the root of our current predicament - how big tech’s relentless focus on optimization is driving a future that reinforces discrimination, erodes privacy, displaces workers, and pollutes the information we get- and outlines steps we can take to change course, renew our democracy, and save ourselves.
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Excellent on tech. Weak on political speech.
- By Kindle Customer on 11-05-21
By: Rob Reich, and others
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Big Data in Practice
- How 45 Successful Companies Used Big Data Analytics to Deliver Extraordinary Results
- By: Bernard Marr
- Narrated by: Piers Hampton
- Length: 7 hrs and 25 mins
- Unabridged
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The best-selling author of Big Data is back, this time with a unique and in-depth insight into how specific companies use big data. Big data is on the tip of everyone's tongue. Everyone understands its power and importance, but many fail to grasp the actionable steps and resources required to utilise it effectively. This book fills the knowledge gap by showing how major companies are using big data every day, from an up-close, on-the-ground perspective.
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Good book for managers
- By Capnbody on 01-08-18
By: Bernard Marr
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The Entrepreneurial State
- Debunking Public vs. Private Sector Myths
- By: Mariana Mazzucato
- Narrated by: Callie Beaulieu
- Length: 9 hrs and 33 mins
- Unabridged
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In this sharp and controversial international best seller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: The state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.
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Myth Breaker-a new model for innovation
- By Carl A. Gallozzi on 12-12-20
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Nice intro, imaginative stuff, but boosterish
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sensationalist hero worship by parties that have investment in ETH
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Blockchain and the Law
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Blockchain technology could affect governance itself by supporting new organizational structures that promote more democratic and participatory decision making. Primavera De Filippi and Aaron Wright acknowledge this potential and urge the law to catch up. That is because disintermediation - a blockchain's greatest asset - subverts critical regulation. By cutting out middlemen, such as online operators and multinational corporations, blockchains run the risk of undermining the capacity of governmental authorities to supervise activities in banking, commerce, law, and other vital areas.
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Big on concepts, big picture, fundamentals
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The Craft
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Founded in London in 1717 as a way of binding men in fellowship, Freemasonry proved so addictive that within two decades it had spread across the globe. Masonic influence became pervasive. Under George Washington, the Craft became a creed for the new American nation. Masonic networks held the British empire together. Under Napoleon, the Craft became a tool of authoritarianism and then a cover for revolutionary conspiracy. Both the Mormon Church and the Sicilian mafia owe their origins to Freemasonry.
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The best book about Freemasonry out there.
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The Basics of Bitcoins and Blockchains
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There’s a lot of information on cryptocurrency and blockchains out there. But, for the uninitiated, most of this information can be indecipherable. The Basics of Bitcoins and Blockchains aims to provide an accessible guide to this new currency and the revolutionary technology that powers it.
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Author didn't do the whole job.
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Catching Fire
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Ever since Darwin and The Descent of Man, the existence of humans has been attributed to our intelligence and adaptability. But in Catching Fire, renowned primatologist Richard Wrangham presents a startling alternative: our evolutionary success is the result of cooking. In a groundbreaking theory of our origins, Wrangham shows that the shift from raw to cooked foods was the key factor in human evolution.
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Fascinating book about early human development...
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The Age of Cryptocurrency
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Bitcoin became a buzzword overnight. A cyber enigma with an enthusiastic following, it pops up in headlines and fuels endless media debate. You can apparently use it to buy anything from coffee to cars, yet few people seem truly to understand what it is. This raises the question: Why should anyone care about bitcoin? In The Age of Cryptocurrency, Wall Street journalists Paul Vigna and Michael J. Casey deliver the definitive answer to this question.
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Nice intro, imaginative stuff, but boosterish
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The Infinite Machine
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The story of Ethereum begins with Vitalik Buterin, a supremely gifted 19-year-old autodidact who saw the promise of blockchain when the technology was in its earliest stages. He convinced a crack group of coders to join him in his quest to make a super-charged, global computer. The Infinite Machine introduces Vitalik’s ingenious idea and unfolds Ethereum’s chaotic beginnings. It then explores the brilliant innovation and reckless greed the platform has unleashed and the consequences that resulted as the frenzy surrounding it grew.
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sensationalist hero worship by parties that have investment in ETH
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Blockchain and the Law
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Blockchain technology could affect governance itself by supporting new organizational structures that promote more democratic and participatory decision making. Primavera De Filippi and Aaron Wright acknowledge this potential and urge the law to catch up. That is because disintermediation - a blockchain's greatest asset - subverts critical regulation. By cutting out middlemen, such as online operators and multinational corporations, blockchains run the risk of undermining the capacity of governmental authorities to supervise activities in banking, commerce, law, and other vital areas.
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Big on concepts, big picture, fundamentals
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The best book about Freemasonry out there.
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The Basics of Bitcoins and Blockchains
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Author didn't do the whole job.
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The Cold Start Problem
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Although software has become easier to build, launching and scaling new products and services remains difficult. Start-ups face daunting challenges entering the technology ecosystem, including stiff competition, copycats, and ineffective marketing channels. Teams launching new products must consider the advantages of “the network effect”, where a product or service’s value increases as more users engage with it. Apple, Google, Microsoft, and other tech giants utilize network effects, and most tech products incorporate them.
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Great high level summary. More unique insights wanted.
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The Internet of Money
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Bitcoin, a technological breakthrough quietly introduced to the world in 2008, is transforming much more than finance. Bitcoin is disrupting antiquated industries to bring financial independence to billions worldwide. In this book, Andreas explains why bitcoin is a financial and technological evolution with potential far exceeding the label "digital currency."
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Very Disappointing
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The Bitcoin Standard
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When a pseudonymous programmer introduced “a new electronic cash system that’s fully peer-to-peer, with no trusted third party” to a small Online mailing list in 2008, very few paid attention. Ten years later, and against all odds, this upstart autonomous decentralized software offers an unstoppable and globally-accessible hard money alternative to modern central banks. The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications.
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Less Bitcoin, more old Austrian Economics Vendetta
- By Brian Considine on 07-19-19
By: Saifedean Ammous
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How Innovation Works
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Innovation is the main event of the modern age, the reason we experience both dramatic improvements in our living standards and unsettling changes in our society. Forget short-term symptoms like Donald Trump and Brexit, it is innovation itself that explains them and that will itself shape the 21st century for good and ill. Yet innovation remains a mysterious process, poorly understood by policy makers and businessmen, hard to summon into existence to order, yet inevitable and inexorable when it does happen.
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Bad scholarship and bias that overwhelms his facts
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The Price of Time
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In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. Yet as capitalism became established from the late Middle Ages onwards, denunciations of interest were tempered because interest was a necessary reward for lenders to part with their capital. And interest performs many other vital functions: it encourages people to save; enables them to place a value on precious assets, such as houses and all manner of financial securities; and allows us to price risk.
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Big landscape in time and subjects; Austrian view
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Blockchain Revolution
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The technology likely to have the greatest impact on the future of the world economy has arrived, and it's not self-driving cars, solar energy, or artificial intelligence. It's called the blockchain. The first generation of the digital revolution brought us the Internet of information. The second generation - powered by blockchain technology - is bringing us the Internet of value: a new, distributed platform that can help us reshape the world of business and transform the old order of human affairs for the better.
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Should Have Been Called "101 Uses for Blockchain"
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By: Don Tapscott, and others
What listeners say about The Truth Machine
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Unfinished Mind
- 06-07-18
Informative and inspiring.
From start to finish, I am inspired. History through opportunity this book was a perfect launch pad.
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- Graeme Newell
- 07-20-19
Thoroughly researched. Full of information.
I sought out this book hoping to learn more about how blockchain technology works. The author did a good job of expounding on the opportunities this technology offers. I have a much clearer understanding of how blockchain works and some of the drawbacks. The author has a vast knowledge of the history and current state of blockchain and I really appreciated getting an insider’s viewpoint.
This book was exhaustively researched and has a huge amount of information in it. I was mightily impressed with his thoroughness.
I especially enjoyed his discussion of how blockchain could be used to keep any information (not just currency) safe. The potential for uncrackable privacy is exciting. I’m really hopeful that the world may have found a solution that will help reduce theft and disruption through dispersal of information. It’s an ingenious solution: make the data so hard to find and collect that it becomes cost prohibitive to steal.
There are so many uses for this technology and I was mightily impressed with the author’s thorough research of all the players and all the different incubator projects and companies working in the blockchain world. He really plumbed the depths of all the work going on right now.
Casey did a fine job of showing all the many different ways blockchain could be implemented. I never knew there were so many uses for this technology or that it is being utilized for non-financial purposes in industries such as shipping, manufacturing, construction, retail, government and dozens of other sectors. He waxes on endlessly about how blockchain technology is the cure for all that ails the world. It gets a bit tiring at times, but I do find his pie-eyed enthusiasm somewhat endearing.
I particularly enjoyed his discussion on how blockchain could be used to improve the problem of personal identification. This is a huge problem in the developing world and there are some fascinating new ideas for detaching the system of identification from governments and big business.
There was so much good about this book, but unfortunately, the author is such a fanboy that he tends to gloss over criticisms of the technology. He continually makes summary judgments on the nefariousness of the major institutions of the world: all governments are out to control us, all corporations are evil, all those with power are greedy, etc. There are good and bad things about these entities and his heavy-handed dismissal of these institutions got a bit tiring.
I can appreciate his libertarian mindset but it tends to blind him to the finer points of the opportunities and drawbacks of blockchain. The characters and institutions in the book tend to be portrayed as either heroes or villains. Casey pays less attention to the gray areas that are the most interesting components of this debate.
Case in point: he dismisses the entire advertising industry as a greedy manipulator hellbent on mind control. Sure, there’s a lot of annoying advertising, but that advertising bankrolls free access to content. He’s so busy blasting authority that he neglects to explain how average people will pay for content if advertising goes away.
He touched on this briefly, but I wish he had spent more time explaining the downside of blockchain, for example: crime. It seems as though cryptocurrency has been a catalyst for scammers, drug dealers, oligarchs and all the evildoers in the world.
Blockchain cuts out middlemen, distributes power and increases efficiency. This is fantastic as long as the people using the system have upright intentions. But what happens when those with nefarious purposes are given an uncrackable, highly flexible tool that can effortlessly move funds and resources across borders without a trace? It’s going to bring a whole new level of creativity and efficiency to activities such as extortion, bribery, corruption, drugs and a spate of other crimes.
Our current financial system has a lot of downside, but it does attempt to curtail the villains of the world. I was hoping for a more balanced discussion of this issue. His rose-colored glasses kept him from a frank analysis of some very thorny problems we’ll need to work out. I get it, free markets are great, but there’s a real downside to them too. I felt as though a deeper understanding of this issue conflicted with his worldview.
Unfortunately, the reader's performance was quite wooden. I think this book would have been better had a different reader been used.
I’m really glad I read this book. It was a bit tedious to get through, but I learned so much.
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4 people found this helpful
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- James Brezil
- 06-14-18
This book is a good overview of blockshains.
The author says it is a libertarian view of blockshains and crypto currencies but it is actually a very liberal political view and that was unnecessary. The performer sounds like he is pissed off all through the book.
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- JP
- 05-10-18
Very interesting but sprinkled with politics
An extremely interesting book about this new technology but unfortunately it's sprinkled with left wing politics, and I don't appreciate it. 3 minutes into the 10th chapter I had to turn it off. I would recommend it if you can get passed the point of view of the authors.
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1 person found this helpful
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- Philip M
- 07-05-18
Wouldn't shut up about Trump = "Fake News"
I'm sick of listening to the authors bellyaching over Trump (who I didn't vote for).
Voting
Hashgraph/blockchain could impact this which is why Hashgraph is funding a free and fair voting initiative.
As someone who studied microprocessor (computer) design in college... I don't trust the current electronic voting machines or any machine that there is central access by "officials". I've heard enough evidence to believe that both machines and officials are compromised. Still, there is a limit before it becomes undeniable that fraud is occurring.
My observations (as a neutral observer) was that if anything, there was Democratic voter fraud in large counties like Miami-Dade and states like Michigan - but not enough to overcome Trump's lead.
The proof is the difference in social media videos of Trump and Hillary rallies vs. the mainstream news footage. The media refused to pan the news cameras at Trump rallies with the exception of one time when Trump publically challenged the camera operator to do it.
Legacy Mainstream Media
The author's have a faith in legacy mainstream media that borders on delusion. They don't seem to understand that complexity and diversity of news sources make it MORE likely that Truth well be DISCOVERABLE. Truth will ALWAYS be a minority position. Most people HATE the truth and still actively avoid it. If the author's vision of filtering out the "mess" and only allowing official sources becomes reality, then we might as well go back to the Dark Ages.
Hashgraph
The authors didn't mention Swirlds/Hedera Hashgraph which in my opinion solved all the issues that the other Distributed Ledger/Blockchain efforts are years away from solving (if ever).
Note: Swirlds (for "Shared Worlds") may not have publicly announced Hashgraph at the time of publication so the authors may not have been aware of Hashgraph. Swirlds was focused on working with permissioned customers like the Credit Unions (they beat IBM's HyperLedger).
Swirlds' approach is focused on the Enterprise and reminds me of Microsoft vs. Linux in the 1990s. Swirlds patented their consensus layer algorithm and formed the Hedera governance organization which amongst other duties will legally fight to protect the public open and source-code-reviewable Hashgraph network from forking with copycats. Hedera operates like a Trust Layer to the Internet.
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- Amazon Customer
- 05-15-24
Listen to this book to understand Blockchain & how it may save us all from mistrust, big data, & other self interested parties
The authors do an excellent job of explaining blockchain and an accessible way that anybody can understand.
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- Michael DC
- 05-02-18
Decent blockchain book
This a was a decent follow up book to the authors previous blockchain book. The authors are clearly Bitcoin Maximalists so they repeatedly point to Bitcoin Lightning Network as a solution for all. Unfortunately, the authors couldn’t stop bringing up politics and their anti-Trump leanings.
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35 people found this helpful
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- JudgeLady
- 04-20-18
Political Bias knocking President Trump
The authors’ smug negative evaluation of the President throughout the book was annoying and unnecessary
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12 people found this helpful
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- Wesley
- 04-13-18
No denying the future
Okay so I firmly believe we are headed in a direction at a lot fast pace now than ever in human history and the blockchain is the vessel to guide us there. With or without this book there is no denying this fact after wrapping your mind around it. Some amazing some dark, that comes with every invention. But this can be of great honest use between us and machine.
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2 people found this helpful
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Overall
- Laura
- 02-15-21
Great book
loved it. read it twice. I need another one like it. the truth machine. thanks
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