Bitcoin Revolution Meets Protestant Reformation, Crypto Drives Change?

Cointelegraph | Nov 17, 2019 at 6:40 AM
  • A bit of historical research was making the rounds on social media recently, a monograph that compares the 21st century emergence of Bitcoin, encryption, the internet and millennials with the Protestant Reformation that shook Europe in the 16th and 17th centuries.
  • The parallel is today’s digital revolution, including email, open-source software, cryptography, social media and the commoditization of computation and data storage.
  • Demeeter’s monopolist comparison between the Catholic Church of 16th century Europe and the likes of the International Monetary Fund of today resonated with Richard Sylla, Professor Emeritus of Economics at NYU.