@larryvc We could still have that with Ethereum as its protocol is changeable, or just create new coins for specific purposes (as everyone and their mother already does).
https://t.co/75u6prW4H0
@larryvc Everything thereafter can be falsified via blockchain.
Blockchain makes the whole thing transparent and honest. Which sounds good for now, I am sure there are political implications though.
The monetary supply and inflation-target of 2% is there for a reason.
8/X
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I've kept a pretty low (online) profile of what I'm building, but word's getting out.
My company Astro Mechanica has invented a new kind of jet engine. Unlike any existing engine, it's efficient at every speed. Because it's efficient at every speed, we can use it in a new way: as the first stage of an orbital launch vehicle.
The resulting platform will get payloads to orbit dramatically cheaper than all-rocket systems - among many possible applications.
The key insight is to use electric motors to drive a compressor. That way we can make it spin at any speed, allowing it to "adapt" to it's airspeed and combustion cycle.
One of the coolest parts: the video below is of a demonstrator my team and I built last year. We already have a new engine with 10x the thrust that will be complete next month.