I am writing this post as one who believe the gig is up. I firmly feel the establishment is going to crumble under the weight that is laid upon them. We are entering a new era which will obliterate the existing systems. What is taking place now will have enormous implications down the road.
In short our entire society is going to change.
The challenge with this is realizing it is not going to happen overnight. This is going to take a while before the process will fully work itself out. And do not think for a second that the established entities that gain from the present system are willingly going to give up the power.
There will be a lot of resistance before the results are clear.
However, it is like a boxing match that is fixed. Even though the results are not in doubt, the fight still needs to take place. Blows with be thrown even if just for the sake of the audience.
Using this analogy, we are still at the introduction.
I keep posting the Vision 2025 pic to remind all of us this is a long term process. The gift that was given to the world with the Bitcoin White Paper is evolving. The fact that money can now be created and distributed by anyone is something the world is only beginning to realize. It is going to take a while to come to grips with it and the potential it holds.
At the same time, governments and central banks are going to do all they can to hinder the progress. They understand the threat it poses which is why they are seeking to control it. We are beginning to see the next phase of the ruse. Let's call it "if you cannot beat them, join them". It is only a matter of time before central banks get into the cryptocurrency game.
The challenge is that cryptocurrency is based upon the idea of trust, or more specifically, a lack of trust. Being transparent and immutable means the blockchain is the trusted entity since others are not worthy of that trust.
We already saw a government (Venezuela) issue a cryptocurrency. Did that alleviate anything? Was the crypto the magical answer to anything down there? The answer is obviously not since the Petro was issued by an entity that showed itself to be incapable of managing itself.
Blockchain and cryptocurrency hold enormous potential. They are disruptive forces that go to the core of society. However, for the value to be fully realized, it is going to take at least a decade, if not more. That does not mean that markets cannot take off. They can. What I am referring to is the impact on society that is often mentioned.
We tend to be impatient. This causes us to miss out on what is truly taking place. We are embarking upon the creation of a brand new Internet, dubbed 3.0. This version of the Internet gives control back to individuals. One of the reasons why I feel it will take a while is the masses, for the most part, are still not aware there is a problem. They might have an idea what Facebook is doing yet show up each day to post away. The level of pain is not there yet for mass adoption of an alternative.
Which is fine because the technology for this alternative is still in the embryonic stage. Consider how far Steem advanced in the past 12 months. If you look at where the blockchain was a year ago, you will see a dramatic difference on most levels. Yet, in comparison to the established systems, we are but a flea. Hopefully, that will not always be the case.
The main advantage that cryptocurrency and blockchain has going is that trust is diminishing around the world. We see people awakening to what the media is putting out. Studies are revealing that a larger percentage of people do not believe what they say. The same is true for our political establishments. Corporations are showing themselves to be concerned only about the bottom line. And people are seeing how corrupt the bankers truly are.
The people who are here are most likely what is referred to, on an esoteric level, as "old souls". We are the ones who tend to doubt what is going on. Since we were around a while, things start to look the same. Political parties appear opposite to most people but it is the same control mechanism to us. We see through the agenda while questioning what is being served up.
This makes us trailblazers. It also provides in intuitiveness that many others do not have. We can sense when something is truly revolutionary. The challenge is this revolution operates on an evolutionary scale. That requires time for things to unfold.
In my view, we are all part of the answer. The developers are hacking away at code creating applications that people are going to use on a daily basis. Users are posting and commenting which, over time, will drive more traffic here. Each coin earned is another dagger in the side of the establishment. It might take a gazillion paper cuts before this one is hacked to pieces but we will get there.
Ultimately, the present system leaves too many out. It is one that is built around slavery. Freedom is reserved for only the few. While most of the world saw advancement, the slavery simply takes on another form.
Those of us here realize what the solution is. With a new monetary system, we can see the path before us. It is the light at the end of the tunnel.
Unfortunately, the trip through this tunnel will take many years. Good thing we have plenty of things to enjoy in the meantime.
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