I am new to cryptocurrency. I would have to say that having learned a tiny bit into what it is and the technology behind it, I feel we are not only changing the way we view payments and currency, but also opening a door to who we are as humans and especially in the way we think. We are becoming more technological than ever before. Granted we were headed there ever since the invention of the wheel, but now more so now that we depend on it. There are a lot of friends of mine who can't even be a few feet away from their cellphone with immediately asking where it is. I went to a family party during the holidays. A little girl age 5 was roaming around lively with her latest iPhone X. She knew more about tapping around the OS space than my own father could even know where the volume button was. Kids born today don't know a life without the internet or a pad of some kind. You tell a teenager to "hang up the phone" and they don't until you say "End call!"
As we move passed the rather cumbersome piece of technology we carry around us daily, we now enter the world of blockchains and icos. To the average person today, they give you the wry eye and question. You asked them how they feel about having a decentralized way of circulating currency, and after they look up the meaning of the word "decentralized" - they are totally onboard.
Over the U.S. holiday weekend, Bitcoin price went from a drop of $5,000(before the holidays) to almost $10K. It doesn't take much for people to jump the bandwagon. And here I sit wondering, "What is going on?" "What is the fascination of getting something we can't even see?" And what is most interesting, is that Bitcoin has yet to prove itself as something intrinsic in value.
Years ago people would shrug off such an idea, let alone pour their hard earn money into it as a life savings. But now we have entered a world of accepting our laptop as our own best friend. I ride the bus everyday, and everyone from young to very old are ruining their eyes staring at the small screen. They ignore any human interaction. This is now our accepted way of looking at the world. We look down now, not up. They don't even know the sun is out and that they are still living, breathing human beings. We have become our technology, trained to adapt to the changing world and thought of how we communicate, view the world, and now function as a society.
Ecommerce is huge where virtually most of the shopping now is done online. Look at the stock price of Amazon. Who would think an ecommerce matches the stock price of Google and surpasses it. It's no wonder people would want fast payment and fast service .
The kids that were at that party I attended - their minds seem far more advanced than me - innate to the technology they are born to. They think in terms of visuals, and imagination where we used be happy with just materials things.
It was almost sad seeing this 5 year old girl glued to her technology. I wanted to grab it away from her and just say, "be a child for once. It's not going to last." But she has to adapt to the changing world. This is the world she is growing into. She might be a huge CEO one day of a very popular integrated technology that will revolutionize the world with a robot as her COO.
Tell me your thoughts on how you feel cryptocurrency especially Bitcoin has changed your way of thought.
Thank you for your time if you read this far.