Astonished. That was the overwhelming thought I was left with after listening to a 73 minute podcast between the brash, sexually liberated, libertarian American, ‘King of the Nerds’, Brian Sovryn and a mild mannered, boat loving, free thinking futurist and software engineer from Scotland named David Irvine.
The latter has spent the last 8 years designing and coding nothing less than a solution for a decentralised internet named Maidsafe. Users of the open source system share resources from their computer, such as hard drive space and processing power, and in return for this ‘work’ can use the combined resources of the network for data storage, website hosting and computing power. The system backs up data into encrypted ‘shards’ that are duplicated and stored on multiple computers in the system, such that only those with the keys to decrypt the data will be able to reassemble and interpret these shards. The network adjusts dynamically so that if resources are being used more frequently they become more accessible to all participants. Data can be shared and websites or web assets can be hosted on the system, without the need to store any data in corporate data centres or servers.
The power of this technology is phenomenal, particularly when combined with the ability to transfer value over the internet via cryptocurrencies. For the first time in human history we now have a true extra-national alternative venue for the expression and trade of the work of the mind. Individuals can interact and trade value regardless free of interference from national governments and established transnational corporations.
‘But not all work is done on the internet – factories still exist!’ one might say. This is true, but consider the lever of competition on governments and markets if a proportion of the productive population embrace an alternative economy. The wealth and value incentives created would surely move the bricks and mortar world towards individual liberty and away from central control. For having tasted the benefits of liberty, or seen it in the success of one’s neighbour, why would anyone chose the state?