DLT vs Blockchain

The New Idea? Not really [economic point of view]

• Magazine - The Economist, publishes a paper in Jan 9, 1988; “Get Ready for the New World Economy”;

• “THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency.”

• “In time … its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power.”

• “As telecommunications technology continues to advance, these transactions will be cheaper and faster still.”

• Friedrich Hayek (Nobel Prize in Economics), 1984 Link

• Milton Friedman (Nobel Prize in Economics), 1999 Link for Video

• David Chaum (DigiCash), Wei Dai (B-money), Nick Szabo (Bit Gold)