American Consequences - July 2017

WHAT’S THE CONNECTION?

PLANNING TO STORE A FORTUNE ON THE INTERNET IS NOT A TRIVIAL MATTER...

T he lead theme in this issue of American Consequences is cryptocurrency. But if we desire to put ourselves into various exotic positions with cryptocurrency, we’d better first get a grasp on the body of knowledge beneath the exoticism – which is computer connectivity... Otherwise, we’ll be like the joke a former chief economist for the New York Stock Exchange told me:

An economist is a fellow who knows a thousand ways to make love and doesn’t have a girlfriend. For years, computers were an interesting invention. Useful for such things as decoding secret messages when Nazis got Enigma machines and solving math problems that start with, “If a train leaves Pittsburg for Chicago going 40 mph and another train leaves Chicago for Pittsburg going 50 mph...”

By P. J. O’Rourke

62 | July 2017

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