The sci-fi future of onchain assets and smart locks

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“In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.”

― Rudiger Dornbusch

The opening scene of Philip K. Dick’s 1969 sci-fi classic Ubik features an apartment door demanding payment from its owner. 

When Joe Chip, behind on his rent, attempts to open the door for a guest, it replies, “Five cents, please.”

Short of change, he offers to pay tomorrow, but his credit score is shot so the door ignores him. 

He tries to reason with it:  “What I pay you,” he informed it, “is in the nature of a…

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