This is my intro post…and let me cut to the chase, I work in a large financial institution – the same sort of institution you crypto geeks revile. Where did I come from and why am I here?
Since I was a little kid, I have been fascinated with markets, currencies, gold, bonds, banks, asset managers and even insurance companies. I have spent most of my life learning about all things finance and now I work at the forefront of the industry’s transformation. I work in a particularly sexy space (for now, at least) known as ‘FinTech’ which is short for ‘financial technology.’ You’re going to hear a ton on the topic from me on steemit. I’m here to preach the gospel of financial innovation.
The vernacular of our industry is pretty drab. Matt Taibbi of Rolling Stone summed it up better than anyone – I come from “an insanely dry and boring planet, where there's no color and no adverbs…and babies are made by rubbing two calculators together.” As someone genuinely interested in the space, I still struggle with its acronyms and lingo. But there is a concept residing at a deeper level in my psyche that makes me unable to pull my mind away from finance and, I don’t know, read the Game of Thrones series…or something normal people do, whatever that may be.
Let’s get deep: Think about your own situation – you probably at the very least live in a developed nation if you’re on steemit this early. You’re probably educated. You probably never worry about food. If you were to think about the most fundamental concept – the one thing that separates you from the poorest of people - would it be? Think about it.
The difference between those of us who have anything, and those of us who have nothing is the allocation of capital.
Think about it some more. Do you agree? The rich world has buildings, infrastructure, education, capital markets, automation, air conditioning – all things that are nothing more than an provision of resources into a usable good. The poor world is simply a place where resources fail to transform into any useful or long-lasting form. This concept is why I am on steemit getting all FinTech-Jesusy on you and proclaiming the FinTech gospel. Access to basic financial services like deposits, diversified investments, and a reliable currency are all imperative for humanity to advance. Now we have stores of value governments can’t take. We have immutable ledgers. We have cheap payments anywhere in the world. We have STEEM, biotch.
The blockchains like the one this platform is built upon will change my industry. There will be massive layoffs in the coming decade as banks, insurance companies, and asset managers build on top of blockchains. Cryptocurrencies, crypto-assets, and blockchains will make it nearly impossible for a large institution to screw its customers, employees or the public and get away with impunity. Almost as important, steemit’s technology should at the very least get rid of some would-be-dickhead trolls.
Thanks to ,
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(great speech tonight, bro),
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for creating such a cool platform and being willing to put your time into something that could have flopped from day one.
Please follow me for some great conversations about FinTech, philosophy, and innovation. Also, upvote this to the moon, plz.
Oh, and here is a photo of my wife’s great physique – too many people are focusing on boobs. I mean, boobs are great, don’t get me wrong, but I’m more of a butt and legs guy. How many of you skipped my article and went straight to the photo? Not mad, at least you clicked, but at least upvote this goddess.
#introduceyourself #steemit #STEEM #fintech #crypto #fintechjesussavesmoney #whales