Discover more from Rounding the Earth Newsletter
Incorruptible Data and Medical Tyranny
The Bitcoin Wars Part III
"The struggle between centralization and decentralization is at the core of American history." -Anthony Gregory, PhD
Central to numerous fundamental debates during the pandemic is data.
How different would vaccine efficacy statistics and risk-benefit analyses look if we do not take the strange and historically unprecedented step of dismissing the first 14 days after vaccination? Would we find out there are Type II COVID cases caused by vaccines that are inappropriately counted against the unvaccinated?
When definitions and access to data are centrally controlled, so too is any narrative based on that data. That power can often be leveraged in the short term, but take valuable time to unwind. Such was the case with the "pandemic of the unvaccinated" myth.
How Does Bitcoin Fix This?
For the moment, let us forget about the distinction between Bitcoin and other cryptocurrencies. If cryptocurrencies are going to succeed, the basic financial/economic aspect of cryptocurrency must first succeed, so there is a solution dependence. From there, other cryptocurrencies can and should piggyback off the security of the most secure currency (the reserve currency) via settlement between data blockchains. My own opinion veers toward viewing all or virtually all other cryptocurrencies as dependents to the one [reserve currency]. There are disagreements over what the one is, but the market currently answers that question with "Bitcoin", so if we disagree, substitute "eventual winner" everywhere you see Bitcoin, since that's the real point of the conversation.
Imagine owning a Fitbit-like sensor that automatically records some of your basic health data. Maybe it even talks to your scale---clearly technologically easy at this point, and your choice. Maybe you also have software that makes data entry of all your food and medication simple. You can record health events such as light-headedness, headaches, stomach troubles, and anything else that might be relevant to your overall health.
But here's the twist: you own the data, cryptographically protected.
And you could allow access to it---perhaps for free, if you so choose. But also perhaps for micropayments. Maybe anyone who wants to run a query (research) on the relationship between taking any particular medicine and particular side effects pays you a small fee for the contribution of your data to the study over a medical data network.
You get to set your price.
Researchers get to purchase data they perceive as economically affordable and valuable.
Your entire life history of data could be seamlessly transferred to your physician or any new health care provider you choose, but entirely within your control, encrypted and private.
Questions about data definitions would be strictly answered by the query logic/code, putting an end to the media's ability to sell itself to well-heeled industries interested in controlling the narrative.
Voila! No more worrying about central organizations with conflicts of interest that may not have your best interest at heart.