Many have been asking there selves some questions over time which they seem not to have answers to... Questions like:
Why is there a wide gap between the rich and the poor indiscriminately in our community ?
Why is the poor getting poorer and the rich getting richer?
why does the Factory worker get less pay compared to a social worker?
Why is the financial world unjust?
What is behind the social welfare?
As we are told from childhood, we have to work hard, because money won’t fall down from the sky. It should be honestly and hardly earned!.
So what is money?, How did money come about?, is it a calculation tool or a measure of labor?
According to wikipedia, money can be used as a measure of value, medium of exchange, Store of value, and Standard of deferred payment. As a measure of value, it is defined to be a standard numerical monetary unit of measurement of the market value of goods, services, and other transactions.
If money is a measure of value (labor),
why does a gold miner get less pay then a gold seller?
why does a banker live better than common people who really work hard to get paid?...is the financial world truly unjust?
he answer will be yes to the rich, but does the poor also feel the same?, the answer is no because money is in the hands of the financiers (rich) and the common man is just paid a token of it for his/her labor.
What then is the effect of blockchain technology to the unjust financial system of the world.
The Blockchain Technology is an undeniably ingenious invention, which featured a digital currency (bitcoin and other altcoins) in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. The lockchain technology is gradually disrupting the way money or value is traditionally distributed, it has been a source of empowerment to both the rich and the poor, there by bridging the wide gap between the rich and the poor indiscriminately and the way value is been established all over the world.
Through the blockchain Technology, so many innovations have been made to the unjust financial order and more innovations coming up. Thanks to the blockchain technology which has brought crypto trading, payment across the world with ease, smart contracts, great communities like steemit to the door step of the common man and has given them a sense of ownership and belonging...