What is the invention that has made it possible for both entrepreneurs and consumers to benefit without the usual interference by local, regional and national governments? People can use it from the comfort of their homes or from local coffee shops.
Yes, that invention is the super highway or the world-wide web. The evolution of this marvel is rather complex; it involved a number of individuals over a period of time from 1961 to 2008. As I write, there are more improvements in the works, whether to make transportation of information faster or more secure. And, of course, we mustn’t forget WiFi.
With the advent of the Super Highway and its many information platforms, entrepreneurs found novel ways to use its potential. It is used as a fund-raising platform for charities, start-ups and movies; artists, authors, and singers use it to raise funds and promote their products.
It is used by companies like Zooniverse to link volunteers to peruse and classify slides hence increasing the speed and efficiency of researchers. The same approach is used in most other fields which involves simple skills and countless samples to classify.
Last week, I looked at a few entrepreneurs, like Elizabeth O’Brien, who are ensuring that students are getting the educational training they need. One site that I forgot to mention is MOO. They provide the platform to develop and implement EdX courses, many of which are free. And, of course, the Khan Academy which provides free educational courses, forever.
Using the Super Highway, entrepreneurs can get around government laws and regulations, union-dominated footholds, and other barriers to entry. This leaves the possibility for everyone to become an entrepreneur. We will look at a few people who have jumped on the opportunity today.
Remember, this is the free market at work.
Hacking Leviathan is the term used when we circumvent government and its regulations.
An entrepreneur found a way to offer rooms for prices cheaper than hotel rooms. Airbnb offers its service in a large part of the world and its coverage is growing. As you can imagine, hotel cartels aren’t very happy.
Taxis have licenses which they are forced to buy from government to operate their taxis. This drives up the price of transportation considerably. So, enter another entrepreneur with a service called Uber, which offers reasonably priced rides while you are in a city. Of course, city politicians and unions aren’t happy.
According to The Freeman, Government ruined money long ago with its constant inflationary policies. The market has come up with an alternative currency. This could mean death for the euro, the dollar, and other fiat currencies. The currency is called bitcoin.
Why would someone want to use another currency? Imagine the following: in 1970 you put $100 in a box to be opened and used in 2013. The purchasing power of your $100 would be far less today than it was in 1970 because of inflation.
My personal pick is Shire silver by entrepreneur Ron Helwig. Why? Because you have something valuable in your hands whereas with Bitcoin you don’t. In the second book of my trilogy, Blueseed Prodigy, I have to choose another currency. Enough said.
By now, you can probably guess that there are entrepreneurs who are offering products and services in many fields – from arbitration of disputes to health care.
Many doctors are opting out of Obamacare and the third-party payer system. As with the other services that we have seen, you pay them up front and out of your pocket. Get the care you need and go and buy a catastrophic plan if you can. Or, you can become part of a health coverage cooperative.
You like raw milk and aren’t happy with the government banning its sale? Well, there is a link for that.
So, not only is there an App for that but there are also Links for that.
Perhaps governments will learn a lesson and stop creating regulations; we are not stupid; we can choose for ourselves.
I wouldn’t count on it, though.
If they don’t, brilliant entrepreneurs using the Super Highway will find ways to allow us to make the final decision.