So, this post is gonna take some time to sink in, as it's a collection of deep content I've absorbed over years, and provides a valuable insight into why I'm now throwing my mental weight behind Steemit.
As the needs of the world change and interconnectivity becomes inevitable, the concept of passing around special bits of paper tied to financial organisations, economies and currencies, just to make things happen is totally outdated.
Cryptocurrency can become a liberating vehicle for the worlds underused and overcontrolled workforce.
with a cameraphone, a voice and a brain, a person in afghanistan with no bank account can generate income on steemit from their interactions, just by explaining the struggles of their daily life. A child in rural india can post recipes from their village and generate income from foodies in america, that isnt the equivalent of a few rupees, but an internationally independent sum, free from the fluctuations of their economy. In areas where women dont have access to financial independence and banking, this gives a lifeline into independence.
Money used to be an easy to understand mechanism of trade, of goods and labour, but now its just a massive complex syphoning scam, used to continually keep the world operating in a profitable way for those in power, regardless of how easily things could be changed...
Steemit and Steem isnt just a currency, its a socialistic mechanism, where interaction and investement are rewarded internally by gifting a share of "real estate" if you like... when you become a part of steem, you are given some of this real estate for free, and space is there to be filled with value adding content, drawing more visitors and making the area in whole more valuable also.. obviously in its early stages there are still ways for people to constanly make pooor quality content to grab a chunk more real estate, but over the long term, this simply wont be profitable, as more users come and the system adapts, it will be the content creators who win out, as quality beats quantity everytime..
To understand, more of this, i'd highly recommend digesting these videos, in whatever order, but all of them for best effect...
bill gates on bitcoin
The internet's own boy
shock doctrine
hidden secrets of money
and finally, this series is well worth a watch to understand some of the undiscussed side issues of the current cryto-revolution..
Startup - well worth a watch.. plus it has a hobbit.