BitcoinOS and Sovryn founder Edan Yago is creating a mechanism to turn Bitcoin into a digital ownership platform. Growing up in South Africa and coming from a family of Holocaust survivors, Yago’s early experiences sneaking gold coins out of the nation between the ages of nine and eleven influenced his opinion that having financial independence is crucial for both human dignity and survival.
“Money is power, and power is freedom,” Yago explains. “Controlling people’s access to capital means controlling their freedom. That’s why property rights are critical. This conviction drives his work on BitcoinOS, which seeks to establish a foundation for digital property rights independent of governments or companies.
Yago sees technology as the fundamental cause of societal transformation. He argues that the Industrial Revolution made slavery economically unviable, not a sudden moral awakening. However, he warns that technology needs direction, referencing how the internet morphed from a promise of decentralisation to a system dominated by industry titans.
When Yago uncovered Bitcoin in 2011
[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.
[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents
Read the original article: