Hello, Hivers!
The Roman Emperor Diocletian was also familiar with crypto-blockchain technologies. Don't believe it?
Listen to his keynote speech at the Hive Blockchain Conference, HiveFest 2024.
Think carefully about what he has to say if you haven't already.
Below is a transcript of his talk:
Greetings, citizens, and innovators of the new age!
Today we find ourselves standing at the precipice of a financial revolution not unlike the one I faced centuries ago. Back then, the empire was crumbling under the weight of a falling currency and rampant inflation. Here, our strength and the people suffered.
I, Diocletian, understood that the same role we needed a new economic order. The introduction of the edict on maximus prices and the creation of the solidus were measures designed to stabilize the system on the brink of collapse. The foundation of a resilient state rests upon sound currency, a lesson as true now as it was then.
You, the pioneers of the blockchain, the architects of Web 3, are facing your own moment of crises and opportunity. Like Rome in my day, the world today finds itself plagued by the shortcomings of centralized control and the decay of trust. The great fire currencies of your time, much like the denarius of mine, are being tested by inflation, manipulation and the inefficiency of the state.
But now, through the power of cryptography and decentralized networks, you have the tools to reform the very nature of value itself. The blockchain is, to your age, what the solidus was mine. A new foundation for stability, transparency and trust is a means to take power away from the fuel and restore it to the many, to bring order from chaos.
But I must also caution you, as one who has wielded the power of reform quite a bit, mind you. With great innovation comes great responsibility. My reforms brought stability, but they also required discipline, oversight and the enforcement of law. You must not let the promise of decentralization turn into a new form of tyranny by the few who control the networks, the miners or the keys.
The success of this new order relies not just on technology, but on the virtues of those who wield it. Therefore, I urge you, continue to build, innovate and disrupt. But remember the lessons of the past. Use this power not just to enrich the few, but to uplift the many. Create a new system of value, not just to escape the old, but to create a fairer, more equitable world.
The fate of Rome shaped by my bold reforms, as will be the future of this digital empire on our building. May you find wisdom in the lessons of history, courage in your convictions and unity in your quest for a better world.
Valete, builders of the new age, your future is yours to shape.
Transcript by Transcri.io.
That's a clip from Hive Fest 2024, a Hive Blockchain Web3 conference on 12.9.2024, at Diocletian Palace, Split, Croatia.
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