Re:UK government urged to use Bitcoin-style digital ledgers
by laotzu on Tuesday January 19, 2016 @10:35AM
(#10931379)
>The study of money, above all other fields in economics, is the one in which complexity is used to disguise truth or to evade truth, not to reveal it.
-John Kenneth Galbraith, Money: Whence it Came, Where it Went
However, what I hear there is "oh sure, you might be able to write software for all of these other things, but not this thing that I'm an expert in, that's way too complicated". Many people have been wrong about this in other domains, and it seems to me that essential complexity can only delay the point at which software can usefully automate things, not prevent it entirely.