Dylan Ratigan on the Transition to the Post-Carbon Era
Jim Cramer speaks with Dylan Ratigan about the differences between decentralized and distributed systems.
Jim Cramer and Dylan Ratigan sat down for lunch in TheStreet's newsroom.
Following the financial crisis, Ratigan left the world of cable news and he described our present situation as a moment of great global tension.
Ratigan discussed the need to move to transition from a centralized system to one built on distributed networks.
He makes a distinction between decentralized systems and distributed systems:
Distributed systems are large shared networks that create a very efficient movement of resources
Decentralized systems imply complete separate of everyone from each other
He goes on today decentralized systems are necessary for acute disasters, but under normal operating scenarios, distributed systems are preferable.
Watch More with TheStreet:
- How Dylan Ratigan Went From Broadcasting to the Sustainability Business
- Sallie Krawcheck: Inertia Causes Women to Miss Years of Compounding
- Dr. Oz on How to Fix Healthcare in America
- Finding the Next Amazon Has Been a Theme of This Market: Jim Cramer
