Richard Buckminster Fuller was a well known American architect, systems theorist, author, and inventor. Similar to the visions expressed by the industrialist Henry Ford, the Nobel laureate Friedrich Hayek, and Austrian economist Milton Friedman, Buckminster Fuller also predicted a concept that resembled Satoshi Nakamoto’s Bitcoin invention 54 years ago in 1967.
Buckminster Fuller: ‘Build a New Model That Makes the Existing Model Obsolete’
In a recent editorial, Bitcoin.com News discussed how the famed industrialist Henry Ford, founder of the Ford Motor Company, envisaged an idea that’s similar to Bitcoin roughly 100 years ago. It was further said that before cypherpunks like Timothy May and Eric Hughes wrote about digital cash, Friedrich Hayek and Milton Friedman also predicted a technology that would operate similarly to Satoshi’s Bitcoin project. Another intelligent person who predicted the creation of cryptocurrency and new wealth was Buckminster Fuller.
Fuller was not a fan of the financial system years before his passing on July 1, 1983. People referred to Fuller as the “grandfather of the future,” and the systems theorist often said: “God wanted all humans to be rich.” In a video interview with Fuller in 1967, the inventor talks about a new currency that will spark a new movement of wealth by 2018.
“I’ll have to talk about something which will be one of the very big, new realizations by 2000 AD,” Fuller said in the interview. He said, “A realistic — scientific accounting — of wealth… wealth not the gold that the pirates had — wealth is energy.”
It was 1967 Buckminster Fuller predicted Bitcoin and new wealth.
“I’ll talk about something that would be one of the realizations by 2018 a realistic–scientific accounting system–of what is wealth. Wealth is not the gold of pirates – wealth is energy
Rich Dad Poor Dad Author Robert Kiyosaki Believes Buckminster Fuller Predicted Blockchain Technology
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” wrote about Fuller predicting the coming of bitcoin back in 1967 as well. Kiyosaki went with a friend to Fuller’s talk at the Montreal Canada Expo Center in order to see Fuller’s geodesic dome. In 1981, Kiyosaki was invited to “spend a week studying with Dr. Fuller at a lodge outside of Lake Tahoe.” The best-selling author stressed:
I believe that what Fuller predicted was the blockchain technology upon which cryptocurrencies are built.
Kiyosaki quotes Fuller at various times in his memoirs about the famous inventor. The “Rich Dad Poor Dad” author explained that decades before Satoshi Nakamoto dropped Bitcoin on the world, Fuller envisioned a “complete reengineering of the global economy facilitated by a synchronized accounting system integrated with a global energy network.” Kiyosaki emphasized that Fuller’s forecast said that the U.S. dollar would be “replaced with a new money–a money made of energy by energy.”
Richard Buckminster Fuller standing outside the inventor’s geodesic dome. Geodesic domes can withstand heavy loads and are designed architecturally on the geodesic polyhedron. Fuller published more than 30 books on science, inventions, governance, and the future until he died in 1983.
Published in 1981, alongside Fuller’s “Operating Manual for Spaceship Earth,” the book “Critical Path” is considered one of Fuller’s best-known works. Fuller states in the book: “Computers make electronification of wealth distribution games possible that accomplish the movement goods and services in more channeled structures. It’s not big brother, though. There is no central planning authority. Instead, there are many dial-in games with costs and rewards that will attract people who have a personal interest in .”
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Author Garrison Breckenridge also highlights in his editorial called “What Blockchain Can Learn from One Man’s Attempt to Save the World” how Fuller envisioned Satoshi’s technological breakthrough. Fuller was known for his innovative thinking and willingness to try new things when it came to technological innovations and changes. Fuller, a systems theorist and author, knew that the existing systems of finance and governance were outdated and couldn’t be fixed by changing the current infrastructure. Fuller’s famous quote:
You never change things by fighting the existing reality. You can change things by creating a new model to replace the current one.
What do you think about Buckminster Fuller predicting bitcoin back in 1967? Please comment below to let us know your thoughts on this topic.
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