The way we are trading value is about to change in life! We used to have to use a big bank to trade value. In a very slow process that could take days. Or just trade value to our close friends or family. But now we are moving into a more global world. Which means we need new better updated tools to deal with value exchange.
The blockchain technology will allow us to do just that. We are being empowered by these super computers that we call phones. Finally with math and the blockchain technology some geeks have figured out how we can create our own value system that doesn’t need a bank and that is decentralised. And that works very good already just 1.5 years in!
When people do something and the quicker get rewarded for it then they can connect the dots together of what caused success and do more of that fast. In the world we are moving into everything will happen in real time. There will be no delays or slowdowns. This will probably cause lots of new issues and philosophy question like what the meaning of life is and what we should spend our time doing. Investing in other I say!
When we can faster invest in other humans we can see way faster progress and exponential growth. That is way more fun than how slow our money grows in a bank or invested in a house. This will cause major generation differences with the older not wanting to learn the new faster technology. But eventually the adoption will rise and happen. It’s just gradual and not super fast.
How banks will deal with this new role will be interesting to see and how tax will be calculated in a global world. It will probably be very confusing. But maybe math can solve that for us.
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