One thing about mentally residing somewhere between 2025 and 2030 is that the mind quickly learns to expand. Over the past few years, the pace of certain technologies is completely stunning. I know a couple of technologies that were slated to have prototype systems by the years 2023 and 2025, yet both have systems out now.
Studying technology the way I did over the past decade led me to open my mind up. As I look out over the next 20 years, the possibilities are astonishing. The average person really has no idea what is coming nor how it will change life for every person on this planet. What was "being realistic" just a few years ago now is completely out the window.
Many look at STEEM and take it at face value. It is a cryptocurrency that has no value since it is not widely offered on a ton of exchanges. The fact that the development team is taking so long to bring out the upgrades we all anticipate means it is shot. It is just a social networking site that is stuck in the 1990s.
It is this thinking which will cause one to get run over.
Limiting one's thinking in this era is going to cause plenty of missed opportunities. It is not business as usual anymore. The entire world is going to be online within a decade. That will double the amount of people with access to the world's knowledge base. At the same time, it doubles the amount of creativity and ingenuity we can tap into.
There are some very creative people on this blockchain. We saw that already. The question is are you limited by what you are thinking? Do you have the belief that there are unlimited possibilities with this blockchain?
A month ago, if asked, would you have believed that "get paid for walking" would be part of a blockchain that was designed to reward content creators, would you have answered in the affirmative? Or would you chosen the negative not believing it possible?
Whatever the choice it is not relevant since this blockchain does have an application that rewards people for walking. Coming under the SMT program, we are seeing a shift from content reward to action reward. The later is a much bigger realm.
The reason I bring this all up is because we are at the edge of some incredible things. To maximize the potential here, we need to surround ourselves with those who can see things in a much bigger way. I am not referring so much to token price although that will be part of it. Instead, I am focusing upon the mindset that STEEM is the blockchain of possibilities.
We have the technical power behind us. This blockchain is capable of handling a lot of traffic. The development is focusing upon the back end to ensure that it can take hundreds of millions of users. For this reason, I can wait for a few of the goodies to be delivered.
Do you understand what the tokenized economy is and what that means for this blockchain? The SMT protocol is going to turn STEEM into a token factory. I cannot tell you the number of times a week I see a certain project that sounds interesting only to find out it is in Ethereum. Why is that? Most likely that was chosen because of the ERC20 protocol. When looking at the two blockchains in terms of capability, it is no contest. CryptoKitties on STEEM would not even get this blockchain breathing hard.
That does not mean those projects would necessarily end up on STEEM. However, I feel that, when comparing what is offered between the ERC20 and SMT, it is not even close. ERC20 gets one a token; that is it. SMT provides so much more.
I wrote a post that "content" on the STEEM blockchain could be just about anything. It could be a ride in an autonomous vehicle; it could be a hotel room; as we found out, it could be steps walked. This opens up a host of possibilities on this blockchain.
Over the next few years, there will be thousands of experiments of all kinds. Some will not be successful while others will work out. Not everything is going to the moon. The question is how many are aiming for moonshots? That is the starting point to all success.
It is easy to be a naysayer. No genius is required to point out what is wrong with anything in life. There are always a millions reasons why something big is not going to work out. Yet it only takes one reason why it will to make it a success. This provides the motivation and determination.
This entire industry is in its infancy. We have not scratched the surface. Our community is small but dedicated. We can see this simply by looking at the daily activity on here. Many of the naysayers departed as the price dropped. They actually believe that things are not going well. Funny, from my view, STEEM is on an incredible roll. The development on here is progressing at a tremendous rate. Perhaps Ethereum is outpacing STEEM in that regard. Nevertheless, I console myself to the fact that if any of those projects become successful, they will not be able to operate since the system will be gassed...again.
On STEEM, we can throw what we want at it. I believe the record is about 2.5M transactions in a day and we didn't even reach 1%. Bitshares, which is built on similar architecture, did over 5M and experienced nothing like Ethereum. That is our golden goose. We have such upside.
Given these tools, the only thing standing in the way of success is our mindset. If we continue to bicker, dwell on the negative, complain without solutions, or give up, then we, as a blockchain, stand a chance of drifting off into the abyss.
On the other hand, if we realize that we are sitting atop the Autobahn while Bitcoin and Ethereum are dirt roads with potholes in them, then we can begin to ponder what is possible. In spite of challenges, which there are quite a few on here, the potential for some amazing things exists. Just seeing what some of the developers on here came up with is pretty impressive. I can't wait for the day when there are 5-10 times the number of them.
It is time to cast off the mental limitations we have. This entire industry is going to penetrate most aspects of commerce and individual lives. In a decade, everyone who is online will be dealing with blockchain. Most of the economy will be tokenized with that being the common form of finance. Sprinkle in a bit of machine learning for good measure and we might be onto something big.
And it all starts in our minds. Are we stopping the process before it even gets started?
If you found this article informative, please give it an upvote and resteem.
Pictures by Google Images.