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A Have a look at How Buckminster Fuller Predicted Bitcoin: ‘A Lifelike, Scientific Accounting System of What Is Wealth’ – Featured Bitcoin Information

Richard Buckminster Fuller was a well-known American architect, programs theorist, writer, and inventor. Just like the visions expressed by the industrialist Henry Ford, the Nobel laureate Friedrich Hayek, and Austrian economist Milton Friedman, Buckminster Fuller additionally predicted an idea that resembled Satoshi Nakamoto’s Bitcoin invention 54 years in the past in 1967.

Buckminster Fuller: ‘Build a New Model That Makes the Existing Model Obsolete’

In a latest editorial, Bitcoin.com Information mentioned how the famed industrialist Henry Ford, founding father of the Ford Motor Firm, envisaged an thought that’s just like Bitcoin roughly 100 years in the past. It was additional mentioned that earlier than cypherpunks like Timothy Might and Eric Hughes wrote about digital money, Friedrich Hayek and Milton Friedman additionally predicted a expertise that will function equally to Satoshi’s Bitcoin venture. Buckminster Fuller was one other clever particular person who predicted the invention of cryptocurrencies and new wealth.

Fuller was not a fan of the monetary system years earlier than his passing on July 1, 1983. Folks referred to Fuller because the “grandfather of the future,” and the programs theorist typically mentioned: “God wanted all humans to be rich.” In a video interview with Fuller in 1967, the inventor talks a few new foreign money that can spark a brand new motion of wealth by 2018.

“I’ll have to talk about something which will be one of the very big, new realizations by 2000 AD,” Fuller mentioned within the interview. “A realistic — scientific accounting system — of what is wealth … wealth isn’t the gold that the old pirates used to have — wealth is energy,” he added.

Wealthy Dad Poor Dad Creator Robert Kiyosaki Believes Buckminster Fuller Predicted Blockchain Expertise

Robert Kiyosaki, the best-selling writer of “Rich Dad Poor Dad,” wrote about Fuller predicting the approaching of bitcoin again in 1967 as effectively. Kiyosaki and a pal went to see Fuller communicate on the Montreal, Canada Expo Middle to see Fuller’s geodesic dome. In 1981, Kiyosaki was invited to “spend a week studying with Dr. Fuller at a lodge outside of Lake Tahoe.” The perfect-selling writer confused:

I imagine that what Fuller predicted was the blockchain expertise upon which cryptocurrencies are constructed.

Kiyosaki particulars and quotes Fuller on a number of events all through his memoirs remembering the famed inventor. The “Rich Dad Poor Dad” writer defined that a long time earlier than Satoshi Nakamoto dropped Bitcoin on the world, Fuller envisioned a “complete reengineering of the global economy facilitated by a synchronized accounting system integrated with a global energy network.” Kiyosaki emphasised that Fuller’s forecast mentioned that the U.S. greenback could be “replaced with a new money—a money made of energy by energy.”

A Look at How Buckminster Fuller Predicted Bitcoin: 'A Realistic, Scientific Accounting System of What Is Wealth'
Richard Buckminster Fuller standing exterior the inventor’s geodesic dome. The geodesic domes are in a position to stand up to very heavy a great deal of weight and are architecturally primarily based on a geodesic polyhedron. Fuller printed greater than 30 books on science, innovations, governance, and the long run till he died in 1983.

Printed in 1981, alongside Fuller’s “Operating Manual for Spaceship Earth,” the e book “Critical Path” is taken into account one in all Fuller’s best-known works. Within the e book, Fuller says: “Computers make it practical to electronify wealth distribution games that accomplish the movement of goods in services in more channeled, designed structures. Not big brother though, since no central planning authority—just lots of dial-in ‘games’ with costs and rewards, likely to attract those with a self-interest in playing.”

Creator Garrison Breckenridge additionally highlights in his editorial referred to as “What Blockchain Can Learn from One Man’s Attempt to Save the World” how Fuller envisioned Satoshi’s technological breakthrough. It’s well-known that Fuller was a person who thought exterior the field relating to adjustments and technological innovations. The programs theorist and writer knew fairly effectively that the outdated programs of finance and governance had been antiquated and couldn’t be mounted by combating the established order’s present infrastructure. Fuller is famously quoted for saying:

You by no means change issues by combating the present actuality. To vary one thing, construct a brand new mannequin that makes the present mannequin out of date.

What do you consider Buckminster Fuller predicting bitcoin again in 1967? Tell us what you consider this topic within the feedback part under.

Tags on this story
1967, 54 years in the past, Bitcoin, Bitcoin (BTC), Bitcoin White Paper, blockchain expertise, Buckminster Fuller, Vital Path, Garrison Breckenridge, geodesic dome, grandfather of the long run, Working Handbook for Spaceship Earth, Wealthy Dad Poor Dad, Richard Buckminster Fuller, robert kiyosaki, Satoshi Nakamoto, video interview

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