Yet while the countrycontinues to struggle mightily to define the limits and continues to debatevigorously the details, there is surprisingly little struggle and debate overthe core of the faith. Americans truly embrace the central beliefthat freedom of speech is of utmost value, linked to our definingcharacteristics as human beings. While limits must exist, American culture andlaw approach such limits with abiding caution and skepticism, embracing freedomof speech as a value of transcendent constitutional importance.
Jim Epstein: I think the easiest way to understand a blockchain is it's a database that nobody controls but everybody can trust. It is--it is the--right, it so it sort of undergirds Bitcoin. It's basically the ledger. It's similar to the ledger that your bank would hold about when--when Jim Epstein pays Russ Roberts, you know, through a bank transfer, the bank transfer is updated. In the same way, the Bitcoin ledger lives on this database, call it a blockchain. And it has this ingenious architecture, which allows it to be . So, um, there are copies of the blockchain on computers all over the world. They are updated every 10 minutes with the most recent transactions. You can search any transaction. It's completely transparent. It can't--what is in the blockchain can't be changed. It's cryptographically protected. So, this, what, pretty soon after Bitcoin arrived on the scene, a lot of very smart people figured out that you could this underlying this technology of the blockchain for all sorts of applications separate from exchanging currency. Um, and some of the most exciting applications are in a place like Latin America. You know, what excites me most is actually this idea of putting Land Titles on the Blockchain. I live in New York City. There is a data base we have called ACRIS (Automated City Register Information System) that's run by the City of New York. You can look up who paid what for what plot of land, and you can check out the history. And it's--it's trustworthy. It's not really a problem. Bitcoin doesn't solve any problems so much. But then you take a country like Honduras, where--and I haven't done my reporting, but I am told that land records were kept on dusty books in a government office. You could have people come in and cross out a name and put a different name down. Very difficult to figure out who owns what. It's a complicated legal process. And many of your listeners might be aware of, there's a book called, , by Hernando De Soto, where he talks about this problem in Peru, of insecure ownership of land. And how detrimental that is to an economy. The historian Sam Bass Warner once said that the most important thing that a government does is keep track of who owns what land. And the fact of the matter is, is that outside of the United States the government has done a fairly poor job of doing that. And this has created all sorts of problems. So, the offers an opportunity to--you can, in a sense, upload the transactions when a piece of land is traded between to individuals to the blockchain. There is some complexity there. The blockchain can't--you can't put into a blockchain. But people have come up with ways of creating sort of digital representations of the information of when one person trades a piece of land with another. So, therefore, you could go onto a blockchain and see, make sure that nobody is coming in and falsifying a record. You can prove the integrity of a transaction. And this has enormous implications. Honduras, which I mentioned--there's a great company out of Austin called Factom which was close to a deal with the government of Honduras to put their land titles on the blockchain. The project has stalled. There is a project in the Republic of Georgia to put land records on the blockchain. So, you know, it's beginning to happen. There's growing interest in this, at least. There's also--I interviewed a Brazilian entrepreneur who has got a startup that attempts to put notary services on the blockchain. Now, in the United States, notaries aren't really such a big deal. In Brazil, like a few other Latin American countries, every time you do any transaction, you've got to go to a notary, in person, and they are going to check your signature against a book they have of signatures. It's a very arduous process. If your signature isn't in the store where you happen to be, that's problematic. My understanding is it's cartelized to some degree, the right to run one of these notaries has been handed down through generations; you can't break into this industry. And it's one of many reasons that Brazil is I think 122nd on the Economic Freedom Index in 2016. There's just so much red tape that hurts the economy in Brazil. So, the idea there is if instead of checking a signature, you can upload a document, a representation of a document, to the blockchain. You can then later take the document, check the blockchain, and prove that it's the same record. There's some--I'm trying to avoid some of the technical complexity here. But again, the basic idea is that this database that everyone shares can bring the trust that is missing and is crippling to a lot of these economies.
America's 1st Freedom | Behind The Training At NRA Carry Guard
Even after the Emancipation Proclamation and the Union's victory in the Civil War ended slavery in the 1860s, African Americans did not have the freedoms enjoyed by other Americans. Especially in the southern states, they were victims of prejudice, violence, and laws designed to keep them segregated from white America and restrict their right to vote. Not until Congress passed the Civil Rights Act of 1964 was there a national law that prohibited discrimination against African Americans and other minorities in all the most important activities of American life.