All money (including gold) is an illusion created through people's combined subjective preferences, as a tool to exchange value. For many centuries a small few have been in control of how this illusion operates, and it has allowed them to control the directions that value flowed over time.
The key to breaking this control is to allow all 7+ billion people on the earth to have the freedom of participating in the formation of this illusion, with no physical or social barriers to entry, with knowledge being your ticket into the show.
This is why cryptocurrency is such an important development to the technology of money, because it allows the average person a seat at this table, through the ability to create their own currency, or the ability to support one that they truly appreciate, instead of being forced to use one specific currency, or having no choice because there is only one option on the market. Also, many of the tricks that the federal reserve plays on us with money to steal from us over time, are entirely impossible with most cryptocurrencies, which radically changes the game and disempowers banks and governments to the advantage of people.
Much of the resistance towards cryptocurrencies is from people who claim that it is "real" and thus holds no "physical value." However, in reality, no money is real, none of it holds physical value unless people decide that it does, and it can't just be one person making that decision, it needs to be a decentralized network of people trading (markets). People have decided that cryptocurrencies are just as valuable if not more valuable than gold, which makes sense in a digital age where most shopping is done online and it is not possible to pay for items by inserting a gold coin into your CD drive. This is not to say that paper notes and physical coins will be a thing of the past, and it is possible for them to work alongside cryptocurrencies.
The crypto revolution is not just a replacement of money, it is a whole new way of thinking about money. I believe that widespread adoption of cryptocurrencies will cause people to think more in terms of decentralized assets, than a "net value" number on a screen. In the future, it is likely that people will use crypto to trade online and even in person, but they will also use that crypto to secure assets such as land, water purification systems, farming equipment, and these assets will also be seen as stores of value.
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John Vibes is an author and researcher who organizes a number of large events including the Free Your Mind Conference. He also has a publishing company where he offers a censorship free platform for both fiction and non-fiction writers. John is currently battling cancer , and will be working to help others through his experience, if you wish to contribute to his treatments consider subscribing to his podcast to support at https://www.patreon.com/johnvibes
