I read this back in Dec 2017, they were definitely on to the crypto thing back then, and general growing unrest. Their ideas were:
1. Citizenship is obsolete. Become a customer of a government.
2. Of all the nationalities on the globe, US citizenship converys the greatest liabilities and places the most hindrances in the way. Therefore, obtain passports as necessary to step towards privatizing or denationalizing yourself.
3. Based upon the history of other dominant systems facing collapse, those who opt for the ultimum refugium and get out early will be better off in the end. The dangers of a nationalist reaction to the crisis of the nation-state make it important not to underestimate the scope for tyranny and mischief.
4. Whatever your current residence or nationality, to optimize your wealth you should primarily reside in a country other than that from which you hold your first passport, while keeping the bulk of your money in yet a third jurisdiction, preferably a tax haven.
5. You should travel widely to select alternative residences in attractive locales where you will have right of entry in an emergency.
6. Violence will become more random and localized; organized crime will grow in scope.It will therefore be more important to locate in secure physical spaces than in the twentieth century. Walling out troublemakers is an effective as well as traditional way of minimizing criminal violence in times of weak central authority.
7. If you are financially successful, you should probably hire your own retainers to guarantee your protection. Police functions will increasingly be filled by private guards linked to merchant and community associations.
8. Areas of opportunity and security will shift. Economies that have been rich during the Industrial Era may well be subject to deflation of living standards and social unrest as governments prove incapable of guaranteeing prosperity and entitlement programs collapse.
9. The forty-eight least-developed countries will have widely divergent fates in the Information Age.
10. Jurisdictions of choice in which to enjoy high living standards with economic opportunity include reform areas in the Southern hemisphere, such as New Zealand, Chile, and Argentina, which boast adequate to superior infrastructure and many beautiful landscapes and are unlikely to be targets of terrorists.
11.
The fastest-growing and most important new economy of the next century will not be China, but the cybereconomy.
12.
Encryption will be an important feature of commerce on the Web and the realization of individual autonomy. Just as the Church attempted to ban printing at the twilight of the Middle Ages, so the US and other aggressive governments bent on control will seek to bar effective encryption.
13. Where possible, all business should be domiciled offshore, in a tax haven. This is particularly important for websites and internet addresses, where there is virtuallly no advantage in locating in an on-shore, high-tax jurisdiction.
14. Corporations in the Information Age will increasingly become virtual corporations- bundles of contracting relations without any material reality, and perhaps without physical assets.
15. Incomes will become more unequal within jurisdictions, but more equal between them. Countries with a tradition of a very unequal distribution of incomes may be relatively more stable under these conditions than those where strong expectations of income equality have developed during the Industrial Age.
16. As a relative performance becomes more important than absolute output in determining compensation, an ever more important occupation will be that of the agent.
17. "Jobs" will increasingly become tasks or piece work rather than positions within an organization.
18. Many members of regulated professions will be displaced by digital servants.
19. Control over resources will shift away from the state to persons of superior skills and intelligence, as more wealth will be created by adding knowledge to products.
20. As the nation state system breaks down, risk-averse persons who formerly would have sought employment with government may find an alternative in affiliating as retainers to the very rich.
21. You should expect a slowdown or decline in per capita consumption in countries such as the US, which have been the leading consumers of the world's products in the late stages of industrialism.
22. Debt deflation may accompany the transition to the new millenium.
23.
The death of politics will mean the end of central bank regulation and manipulation of money. Cybermoney will become the new money of the Information Age, replacing the paper money of Industrialism. This means not only a change in the fortunes of banknote printers, it implies the death of inflation as an effective means by which nation-states can commandeer resources. Real interest rates will tend to rise.
24. Business and investment strategies must be adjusted to the unfamiliar realities of deflation- that is, debt should be avoided; savings and cost reductions should be pursued with greater urgency; long-term contracts and compensation packages should probably be drawn with flexible nominal terms.
25. Taxing capacity in the leading nation-states will fall away by 50-70%, while it will prove far more difficult to reduce spending in an orderly way. The result to be expected is a continuation of deficits that plague most OECD countries, accompanied by high real-interest rates.
26. Technical innovations that displace employment should probably be introduced in jurisdictions that have no tradition of producing whatever product or service is in question.
27. Cognitive skills will be rewardded as never before. It will be more important to think clearly, as ideas will become a form of wealth.
28. Thinking about the end of the current system is taboo. To understand the great transformation to the Information Age, you must transcend conventional thinking and conventional information sources.
29. Because incomes for the very rich will rise faster than for the others in advanced economies, an area of growing demand will be services and products that cater to the needs of the very rich.
30. The growing danger of crime, particularly embezzlement and undetectable theft, will make morality and honor among associates more crucial and highly valued than it was during the Industrial era.
And lastly:
The most thorough survey ever undertaken of the competence of American adults, the "Adult Literacy in America" study, shows that finding a literate audience for any political argument is by no means easy. A large fraction, perhaps a majority of Americans over the age of fifteen, lack basic skills essential to evaluating ideas and formulating judgments. According to the US Education Department, 90 million Americans cannot write a letter, fathom a bus schedule, or even do addition and subtraction on a calculator... Thirty million were judged so incompetent that they could not even respond to questions.
