Money and Debt and Digital Contracts – Brewster Kahle at Devcon 5

The dreams of cryptocurrencies tend to focus on money and seem to avoid the topic, repercussions, and significance of debt. In fiat currencies, 95% of all money is matched with debt — in other words, debt creates 95% of all money. This talk aims to bring the impact of debt into the Ethereum conversation, specifically focusing on debt with interest. Let’s consider this side of crypto coins and Ethereum in particular since it provides the ability to encode obligations as contracts and therefore can encode debt obligations.

Ibram X. Kendi, “Stamped From The Beginning”

Kendi’s National Book Award-winning study argues that racism in America has grown from deliberate policies rather than from emotional responses like fear or hatred. Starting with the Puritans, Kendi traces the development of racist ideas and their effect on racist practices through the lives of five thinkers, discussing Cotton Mather, Thomas Jefferson, William Lloyd Garrison, W.E.B. Du Bois, and Angela Davis. Within these profiles Kendi, professor of history and international studies at American University, identifies three strains of thought about race: segregation, antiracism, and assimilation; outlines their differences, and points to how each can be discredited in order to free the nation for the post-racial era it has long yearned for.

Kendi is in conversation with Wesley Lowery, a national correspondent for The Washington Post and author of They Can’t Kill Us All.

William Dalrymple on the ruthless rise of the British East India Company

The outrageous story of a group of financiers from a poor and damp island on the outer rim of Europe, who created a private company that became the biggest military and political power in all of India
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