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The Sovereign Individual
''The Sovereign Individual: How to survive and thrive during the collapse of the welfare state'' is a 1997 non-fiction book by William Rees-Mogg and James Dale Davidson. Later republished on 26 August 1999 by Simon & Schuster#Former imprints, Touchstone with the new subtitle ''Mastering the Transition to the Information Age.'' It forecasts the development of the twenty-first century; focusing on the rise of the internet and cyberspace, digital currency and digital economy, self-ownership and decentralization from the State. ''The Sovereign Individual'' has been recommended by members of the cryptocurrency community such as Naval Ravikant and Brian Armstrong (businessman), Brian Armstrong. In 2020, the book was reprinted with a preface written by PayPal co-founder Peter Thiel. Chapters The book contains eleven chapters and has 446 pages (400 pages of plain text, 46 pages of references, notes, and an appendix. The latest edition of the book with Thiel's foreword adds two more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Rees-Mogg
William Rees-Mogg, Baron Rees-Mogg (14 July 192829 December 2012) was a British newspaper journalist who was Editor of ''The Times'' from 1967 to 1981. In the late 1970s, he served as High Sheriff of Somerset, and in the 1980s was Chairman of the Arts Council of Great Britain and Vice-Chairman of the BBC's Board of Governors. He was the father of the politicians Sir Jacob and Annunziata Rees-Mogg. Early life William Rees-Mogg was born in 1928 in Bristol, England. He was the son of Edmund Fletcher Rees-Mogg (1889–1962) of Cholwell House in the parish of Cameley in Somerset, an Anglican, and his Irish American Catholic wife, Beatrice Warren, a daughter of Daniel Warren of New York. William Rees-Mogg was raised in the Roman Catholic faith. He was educated at Clifton College Preparatory School in Bristol and Charterhouse in Godalming, where he was Head of School. Not yet eighteen, Rees-Mogg went up to Balliol College, Oxford, as a Brackenbury Scholar to read history ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Economy
The digital economy is a portmanteau of digital computing and economy, and is an umbrella term that describes how traditional Brick and mortar, brick-and-mortar economic activities (production, distribution, trade) are being transformed by the Internet and World Wide Web technologies. It has also been defined more broadly as the way "digital technologies are transforming work, organizations, and the economy." The digital economy is backed by the spread of information and communication technologies (ICT) across all business sectors to enhance productivity. A phenomenon referred to as the Internet of Things (IoT) is increasingly prevalent, as consumer products are embedded with digital services and devices. According to the World Economic Forum, WEF, 70% of the global economy will be made up of digital technology over the next 10 years (from 2020 onwards). This is a trend accelerated by the COVID-19 pandemic and the tendency to go online. The future of work, especially since the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin
Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source software, open-source implementation. In 2021, Bitcoin in El Salvador, El Salvador adopted it as legal tender. It is mostly seen as an investment and has been described by some scholars as an economic bubble. As bitcoin is pseudonymous, Cryptocurrency and crime, its use by criminals has attracted the attention of regulators, leading to Legality of cryptocurrency by country or territory, its ban by several countries . Bitcoin works through the collaboration of computers, each of which acts as a Node (networking), node in the peer-to-peer bitcoin network. Each node maintains an independent copy of a public distributed ledger of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiat Currency
Fiat money is a type of government-issued currency that is not backed by a precious metal, such as gold or silver, nor by any other tangible asset or commodity. Fiat currency is typically designated by the issuing government to be legal tender, and is authorized by government regulation. Since the end of the Bretton Woods system in 1976 by the Jamaica Accords, the major currencies in the world are fiat money. Fiat money generally does not have intrinsic value and does not have use value. It has value only because the individuals who use it as a unit of account or, in the case of currency, a medium of exchange agree on its value. They trust that it will be accepted by merchants and other people as a means of payment for liabilities. Fiat money is an alternative to commodity money, which is a currency that has intrinsic value because it contains, for example, a precious metal such as gold or silver which is embedded in the coin. Fiat also differs from representative money, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Society
An information society is a society or subculture where the usage, Content creation, creation, information distribution, distribution, manipulation and information integration, integration of information is a significant activity. Its main drivers are information and communication technologies, which have resulted in rapid growth of a variety of forms of information. Proponents of this theory posit that these technologies are impacting most important forms of social organization, including education, economy, health, government, warfare, and levels of democracy. The people who are able to partake in this form of society are sometimes called either computer users or even digital citizens, defined by K. Mossberger as “Those who use the Internet regularly and effectively”. This is one of many dozen internet terms that have been identified to suggest that humans are entering a new and different phase of society. Some of the markers of this steady change may be technological, econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Sovereign Individual 2020 (cover)
''The'' is a grammatical article in English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pronoun ''thee' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalism
Nationalism is an idea or movement that holds that the nation should be congruent with the state. As a movement, it presupposes the existence and tends to promote the interests of a particular nation, Smith, Anthony. ''Nationalism: Theory, Ideology, History''. Polity, 2010. pp. 9, 25–30; especially with the aim of gaining and maintaining its sovereignty ( self-governance) over its perceived homeland to create a nation-state. It holds that each nation should govern itself, free from outside interference (self-determination), that a nation is a natural and ideal basis for a polity, and that the nation is the only rightful source of political power. It further aims to build and maintain a single national identity, based on a combination of shared social characteristics such as culture, ethnicity, geographic location, language, politics (or the government), religion, traditions and belief in a shared singular history, and to promote national unity or solidarity. There are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Age
The Information Age is a historical period that began in the mid-20th century. It is characterized by a rapid shift from traditional industries, as established during the Industrial Revolution, to an economy centered on information technology. The onset of the Information Age has been linked to the development of the transistor in 1947. This technological advance has had a significant impact on the way information is processed and transmitted. According to the United Nations Public Administration Network, the Information Age was formed by capitalizing on computer miniaturization advances, which led to modernized information systems and internet communications as the driving force of social evolution. There is ongoing debate concerning whether the Third Industrial Revolution has already ended, and if the Fourth Industrial Revolution has already begun due to the recent breakthroughs in areas such as artificial intelligence and biotechnology. This next transition has been t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Thiel
Peter Andreas Thiel (; born 11 October 1967) is an American entrepreneur, venture capitalist, and political activist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. According to ''Forbes'', as of May 2025, Thiel's estimated net worth stood at US$20.8 billion, making him the 103rd-richest individual in the world. After graduating from Stanford, Thiel began his career as a clerk for Judge James Larry Edmondson, worked as a securities lawyer at Sullivan & Cromwell, a speechwriter for former U.S. secretary of education William Bennett, and a derivatives trader at Credit Suisse. He founded Thiel Capital Management in 1996 and co-founded PayPal with Max Levchin and Luke Nosek in 1998. He was the chief executive officer of PayPal until its sale to eBay in 2002 for $1.5 billion. Following PayPal, Thiel founded Clarium Capital, a global macro hedge fund based in San Francisco. In 2003, he launched Palantir Tec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support E-commerce payment system, online money transfers; it serves as an electronic alternative to traditional Banknote, paper methods such as cheque, checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users, for which it charges an international addition bank charges fee. Established in 1998 as Confinity, PayPal went public through an initial public offering, IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay corporate spin-off, spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500, ''Fortune'' 500 of the largest United States corporations by revenue. Since 2023, PayPal is a member of the MACH Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Armstrong (businessman)
Brian Armstrong (born January 25, 1983) is an American business executive, billionaire, and investor who is CEO of cryptocurrency platform Coinbase. He received media attention for his policy of keeping the workplace free of political activism. Early life and education Armstrong was born on January 25, 1983, near San Jose, California; both of his parents were engineers. He attended Bellarmine College Preparatory, a Catholic, all-male, private secondary school. Armstrong attended Rice University in Texas, where he earned a dual bachelor's degree in economics and computer science in 2005, followed by a master's in computer science in 2006. While at Rice, he started a business matching tutors to students, and after graduating, spent a year in Buenos Aires working for an education company. Career Armstrong's early career included working as a developer for IBM and a consultant at Deloitte. In 2010, he came across the Bitcoin white paper published under the alias Satoshi Nakamot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naval Ravikant
Naval Ravikant (born November 5, 1974) is an Indian-born American entrepreneur and investor. He is the co-founder, chairman and former Chief Executive Officer (CEO) of AngelList. He has invested early-stage in Uber, FourSquare, Twitter, Postmates, SnapLogic, and Yammer. Ravikant is a recipient of the Edmund Hillary Fellowship. He also co-hosts a podcast with Brett Hall. Early life and education Ravikant was born in New Delhi, India in 1974. He moved to New York City with his mother and his brother, Kamal, when he was 9. He graduated from Stuyvesant High School in 1991. In 1995, he graduated with degrees in Computer Science and Economics from Dartmouth College. In college, he interned at law firm Davis Polk & Wardwell. Career Naval briefly worked at Boston Consulting Group before heading to Silicon Valley. Epinions In 1999, Ravikant co-founded consumer product review site Epinions. They raised $45 million in venture capital from investors, including Benchmark Capital and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
