Yesterday I posted an article about the full automation of automobiles in the near future and what it could mean to many people in the world, it's going to change the world, it will have a major impact on the human race and how we operate as a species.
How will automation change the world?
Think about this for a second, eventually all cars, delivery, and taxis will be completely driverless, for companies around the globe it will be cost effective to remove the human from the equation, it would increase productivity and reduce wages paid out. All these vehicles will be run on electric motors as it's far easier for an electronic atificial intelligence to operate an entirely electronic vehicle, removing mechanics from the equation.
Automation will not end with vehicles, the advancement of artificial intelligence will eventually give birth to an afticial human being, it's inevitable once this happens many jobs around the globe will be obsolete for human beings, why would you employ a human who needs breaks, makes mistakes and is subject to corruption i.e. theft. You will be able to purchase an artificial worker that can operate 24 hrs a day, never make mistakes, doesn't need to be paid or fed and can do what human cannot.
I thought this was an article on crypto currency?
This is where crypto currency comes in, it's no secret the banks are scared of the crypto revolution, it is coming and the banks can't do a thing about it....or can they.
If the banking institutions of the world came to together and decide 'something has to be done about crypto currencies before they make us obsolete'. How would they control crypto you ask, simple the introduction of a worldwide electronic crypto currency controlled by the banks. The world would rejoice, you will have a single electronic credit system accepted anywhere in the world all based on the banks own crypto token. If this happened it would mean that no matter what you do anywhere in the world you would have to exchange your bitcoin, ethereum, litecoin etc for, we'll call them banking credits. Once again the banks take control.
Why will crypto become so important
With the automation of a huge variety of physical jobs humans will no longer have a way to earn in the real world and FIAT currency will no longer be relavent, banking credits will be earned through mining and digital workplaces you will mine and earn your income digitally whatever crypto coin that may be then you will be forced to use these to purchase banking credits at a profit to the banks. Maybe you disagree with this but the banks are worried by crypto currencies, they try to regulate them, restrict them, centralise them but it just isn't and can't work. So the only solution for governments is to force us to purchase banking credits thus controlling the wealth once again.
We are the lucky ones
We are investing in crypto currencys right now, that means we have a window of opportunity to make a huge profit and means that we will have a massive headstart on earning before this new world of automation arrives, by the time the rest of the world who are oblivious to the coming digital income revolution we will already be on the upper scale of the wealth spectrum where they will be just starting and trying to learn.
Conclusion
It's inevitable that governments and the big banking families will find a way to control cryptos, I wish it wasn't true but it's a cold hard fact.
A digital credit system removing all paper money is coming, FIAT based curencies are becoming less relevant it makes complete sense for the banks to release their own crypto token that can be used worldwide.
Automation run by a self learning artificial intelligence is going to take over 90% of all physical jobs in the medium to long term future, vehicles will just be the start of it.
Earning through crypto currencies will be the primary method of earning in the future.
We who are already earning through crypto have a massive advantage over the oblivious when the new crypto world arrives to the mainstream.
These are my own views on how I believe this world is headed and whether ot will be a good thing or not time will tell but I guarantee Crypto currency is the future of wealth and we have a big head start and I don't think we need to worry about Cryptos going away anytime soon.
To read my article on driverless vehicles click here
Its funny because most people I speak with about cryptocurrencies think is a scam or only drug dealers use it. I have to remind them they use fiat mostly. Great read and I'm glad to be riding the wave and now get crashed under it.
I have no doubt whatsoever that the only form of currency in the future will be crypto based so it's good that we are getting a head start on the rest of the oblivious poor souls in this world.
Great article and yeah crypto currency is the future of world economy and we are the lucky guys who experienced this before other generations.
Nice article and keep it up!@rickyjrx,
Cheers~
We have a headstart right now on carving a section for ourselves in this sector early, the mainstream will struggle to comprehend this I think but the banks and governments will find a way to control it. Thanks for the kind comment.
@rickyjrx well written post. I think that Blockchain and AI will rule the world technological segment...
I do bleieve bitcoin is already a world power but governments and the big banking families are going to monopolise crypto and all it will take is a banking crypto token that everyone will need as a currency.
Thanks for the comment.
Good point, I think that Governments are scared of their tax money and loosing control of its citizens
As far as I know the likes of barclays are already thinking about a crypto token.
I share your concerns about governments wanting to control cryptocurrencies, but I have to disagree that they ever will. Too many crypto's are based on anonymity and decentralization principles. It maybe possible to control some, but never all.
Thanks for the article! I always love to read about automation and it's potential for the future.
But if they introduce a world crypto token that you have to use to purchase anything with they will still control the wealth as you will have to convert your currency into their banking token so in the end the banks will win.
Good post, that's a really good point of view
Thanks!.
I really like the post. I have been contemplating the subject yesterday. It may seem funny, but I watched new ghost in the shell movie. In that futuristic flick people are communicating through a digital interface linked to their brains. They can hear voices of other people inside their heads. Something like telepathy. Without a doubt, we will acquire such skill in not so distant future. O guess 20-30 years. To enable secure, anonymous and undetectable like that we needed blockchain to be invented. Here it is! I think something like Maidsafe would be a foundation stone for a technology like that. It is one of the most promising blockchain projects in my opinion.
Yes ive seen ghost in the shell and although that is way into the future we are headed that way, it's funny how movies often predict the future. I remember when touchscreens were something we could only imagine and now they almost seem like old tech. Digital credits without any physical paper money is next, give it 5 to 10 years and paper money will not exist, it will all be cyrpto currency.
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