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# Trust, Privacy and Bubbles
- URL: https://www.thedigitalspeaker.com/trust-privacy-and-bubbles/
- Published: 2017-11-29T00:00:00.000Z
- Updated: 2021-11-09T00:51:01.000Z
- Description: Trust is a fundamental good that, while largely intangible, is key to the functioning of practically every meaningful interaction in society. Blockchain has the potential to revolutionise the way we leverage trust - and even change the nature of trust.
- Author: Dr Mark van Rijmenam, CSP
- Tags: #newsletter, Synthetic Minds Newsletter

Dr Mark van Rijmenam

# The f(x) = e^x | November 29, 2017 

*Good Day! This is my weekly newsletter, with a dose of insights into the future. The topic of this newsletter is the exponential times we live in, hence the title of f(x) = e^x, which is the (natural) exponential function.*

*Recently, I launched my new concept* [**The Digital Speaker**](https://thedigitalspeaker.com/?ref=thedigitalspeaker.com) *and you can now book me as an avatar or hologram. Also, my tech trend prediction for 2021 is out, *[read it here](https://www.thedigitalspeaker.com/top-five-strategic-technology-trends-2021-year-of-digitalism/)*!*

## How a Trustless Society Will Improve our Privacy

![](https://storage.ghost.io/c/af/cc/afcca743-e1e6-4752-bf81-782fb033f39c/content/images/2021/11/0acea69f-42e4-4ce6-8a6c-3cd7742889ce-1.jpg)

### My latest article:

Trust is a fundamental good that, while largely intangible, is key to the functioning of practically every meaningful interaction in society. Blockchain has the potential to revolutionise the way we leverage trust - and even change the nature of trust. Not only in digitally rendered transactions, but also in everyday life. Although most blockchains are pseudo-anonymous, there is a technology gaining traction that enables trustless transactions without breaching your privacy. Zero Knowledge Proof (ZKP) is a method used in cryptography to prove ownership of a piece of knowledge, without revealing the content of that knowledge and [**it will bring back privacy that most of us thought to have disappeared.**](https://www.linkedin.com/pulse/how-trustless-society-improve-our-privacy-mark-van-rijmenam/?ref=thedigitalspeaker.com)

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### Three Useful Nuggets of Information

*My weekly tips from around the web to get you thinking.*

### 1\. Central bankers say cryptocurrencies are a bubble.

Bitcoin just blasted through the $10.000 mark, after only passing through the $5000 mark just seven weeks ago. Now, the world’s central banks are responding with the Central European Bank referring this price increase to be Tulip-like. ([**Reuters**](https://www.reuters.com/article/us-bitcoin-cenbank-banks/bubble-or-breakthrough-bitcoin-keeps-central-bankers-on-edge-idUSKBN1DR0MQ?ref=thedigitalspeaker.com))

### 2\. America's biggest bank moves to anonymity.

JPMorgan Chase CEO Jamie Dimon may call Bitcoin a fraud; the American bank is serious about adopting blockchain technology. Now, JPMorgan is collaborating with anonymous cryptocurrency Zcash because of their Zero Knowledge Proof technology. ([**MIT**](https://www.technologyreview.com/s/609481/why-americas-biggest-bank-digs-anonymous-cryptocurrency/?ref=thedigitalspeaker.com))

### 3\. Cryptojacking enables hackers to steal from poor

**countries.**Cybercriminals aren’t ignoring poor nations when it comes to ransomware. Instead, they use anonymous cryptocurrencies such as Monero and Zcash to extract value from poor countries. ([**Cyberscoop**](https://www.cyberscoop.com/cryptojacking-malware-ransomware-zcash-monero-bitdefender/?ref=thedigitalspeaker.com))

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