Michael J. Casey

“What do these decades-old international organizations see in an arcane digital technology built by the crypto-libertarians and Cypherpunks who gave us Bitcoin? It’s the prospect that this decentralized computing system could resolve the issue of social capital deficits that we discussed in the context of the Azraq refugee camp. By creating a common record of a community’s transactions and activities that no single person or intermediating institution has the power to change, the UN’s blockchain provides a foundation for people to trust that they can securely interact and exchange value with each other.”
― Michael J. Casey, The Truth Machine: The Blockchain and the Future of Everything

“This spells opportunity for all sorts of communities: those off-grid Indian villages with their 300 million electricity-poor residents; sovereign indigenous communities such as Native Americans in the United States or Aboriginals in Australia who seek energy independence; or farmers and other users in low-density rural areas who are cursed by their low level of community demand and for whom the cost of installing transmission lines and relay stations can be extremely burdensome. In many of these cases, power delivery has been subsidized by governments, in effect by taxing urban users with higher tariffs than they would otherwise pay.”
― Michael J. Casey, The Truth Machine: The Blockchain and the Future of Everything