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Ep. 248: Mark Miller Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Future of Smart Contracting

I think that this kind of smart contracting might grow more explosively outside the developed world and then spread into the developed world. There was altogether it's still the case with Bitcoin that most of the adoption in terms of trading is in the US. And we also see that because of the inhibition of independent money by US legal system that many of the Bitcoin businesses are actually incorporated outside the US. It's exciting. Yeah, the classic way the ideal that Western civilization is built on as you say is this phrase, the rule of law and not of men. That has captured so much of what works so well in thedeveloped world.

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