Latest French Revolution News

  • Blockchain Gaming CEO: Cryptographic Tokens Will Usher Gaming ‘Renaissance’
    Blockchain Gaming CEO: Cryptographic Tokens Will Usher Gaming ‘Renaissance’
    Speaking to Cointelegraph, entrepreneur and blockchain gaming executive Yat Siu described NFTs as driving a property rights revolution that will redefine the gaming industry. Prominent online entrepreneur and the founder of blockchain-focused gaming firm Anomica Brands, Yat Siu, has likened the impact of cryptographic non-fungible tokens (NFTs) to the advancement of property rights in early-modern Europe. Speaking to Cointelegraph, Yat Siu compared the established gaming industry to feudal kingdoms — where “all the benefits flow to the lords and kings [who] get everything, and the peasants and serfs [...] rent the land essentially.” “When the black plague happened, all these people died off in Europe [...] and the birth of the Renaissance really only became possible because these noblemen started dying off, [...] and you didn’t have enough people to do the work, and suddenly you had to rebalance the economics [and] give different incentives,” he continued. Gaming industry faces creative destruction Despite the severe disruption to the social order, Yat Siu asserts that the post-plague era saw “massive growth” as the former-serf class became vested in the progress of society, resulting in a greater output overall. “Now, we're spending so much time in these virtual worlds, in many cases, more than we do in the real world, especially because of COVID-19, that, actually, it's about time that there is a little bit of a revolution that happens in games, just like we had with the French Revolution during The Renaissance,” he added. “But that shaking-up can then [...] open up this completely new dimension of essentially property rights for a virtual asset class that wasn't possible before.” NFTs allow new virtual asset classes “It was property rights, in the real world, that actually created this economic, capitalist, democratic boom — and that's missing in the virtual world,” the entrepreneur said.  “We've seen that obv
  • How Monopolies Sow the Seeds of Their Own Destruction, Feat. Tuur Demeester
    How Monopolies Sow the Seeds of Their Own Destruction, Feat. Tuur Demeester
    The managing partner of Adamant Capital joins for a conversation about what the Protestant Reformation and the French Revolution can teach us about bitcoin.