I had the pleasure and a privilege to witness and take part in the first non-violent monetary revolution in human history, and as I watched it evolve my confidence rose exponentially. While many still struggle to get a grasp of the underlying fundamentals of both BTC and other alternatives, the shift is inevitable as the benefits are too valuable to remain neglected - And I've been preaching this for fucking three years.

If anything, the COVID19 fiasco made people question the narrative of both money and Government, consequently increasing the probability of BTCs general success and World acceptance.

There's a lot of money floating around, actually, no one can comprehend how much money there is and if you think a 1.5trillion market cap is something astonishing you're fooling yourself. Everything will be tokenized, some things will have physical representation while some will continue to live only as an abstract/digital code. However, it doesn't mean they will be worthless, quite the contrary I would argue.

Besides food, shelter, and water, digital assets will weigh the most value and the sole reason behind it is security and transparency.

People will start demanding for the companies to stay transparent, open, and progressive, otherwise, every other firm will have an obvious advantage prior to creating a community. It's how the market works. There's no need for the state to intervene, the market will detect what's valuable and what's not. Keynesian understandings of how the economy should work lost its credibility a long time ago. The Austrian school of economics is how the market should work.

I know, this may be a bit radical as all forms of governing the markets have pros and cons, but to say that state intervention simply doesn't fit in the radically different socio-economic interactions would be an understatement. I may be a bit biased here, by all throughout history the states and governments proved their incompetence over and over again.

This begs the question, how can we decouple from them and what does it have to do with wealth creation?

Let's dive into how I see it!

Wealth.

It's not that hard to visualize how the world will look 10 years from now (in case we don't get fucked by the nuclear weapons LOL).

If we assume that the technology will grow at the same rate, which it will, it's rational to assume that automatization, production-wise, will increase, meaning that there will be less and less physical work left for men.

And it's not actually a bad thing as most like to think.

To put it in a perspective, would you prefer writing, building, and innovating or would you prefer to be stuck with a meaningless time-draining job that makes you feel fucking miserable?

Ask yourself is such a life worth living at all? Being slaves to an abstract system carefully orchestrated by a few at the expense of many? \

It breaks my heart how easily people can get indoctrinated.

The value crypto provides is beyond our spectrum of understanding. As the industry evolves we will see a lot more use-cases/befits that compound to a point where literally everyone has to play the game, otherwise the opportunity cost of being left behind will be enormous. Once everyone starts to think in that direction, the amount of money, attention, and business will be enormous.

WEB3.0 is the revolution and I'm glad to be riding the uncertainty with everything I have!

Posted Using LeoFinance ^Beta