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RE: Cryptocurrency Is Not An Asset Class

in LeoFinance • 4 years ago

It's an interesting vision, but still somewhat blocked by electricity and networking coverage over the globe. However with initiatives like's Elon Musk's satellites net, and micro-power devices getting better and better, we may see some of it starting within our livetimes. In our regions. None of it will happen anytime soon in less tech-advanced areas where people live off grid most or all the time. But I don't see any problem with making the gap even worse. If with this advancement we manage to clean up at least some of our mess, that's a bit of a mess that maybe they will be spared from when running-up..

4 years ago in LeoFinance by
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     4 years ago  

    Communication systems are being built out and I would say by the middle of this decade, the entire world will be online.

    That will create an entirely new system for people. There are a lot, billions in fact, who are presently not involved because they lack access.

    This will change which will bring in billions of new minds into our global knowledge base.

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     4 years ago  

    by the middle of this decade, the entire world will be online
    Hey. It's 2021. 20% of that half-of-decade you said has already passed. Middle of this decade is 2025. "entire world will be online"? Sorry, but that's not even possible if the whole world consisted only of copies of the USA and if the USA solved its problems :) By the end of this decade, North America won't get out of its political and cultural problems, South America won't do any better to get out of its financial crisis, Africa maybe will get some extra coverage around the few most developed cities, Europe won't be any more united and more likely will be more divided than ever, North Asia will still be ruled by the same parties and companies, Middle Asia, well, yeah, they will get more coverage and surveillance than anyone so far ever before, Australia and north and south pole and the great ocean - no idea. In just 4 years or 9 years from now, it won't be that different than it is now. 30 or 50, that's much more like it. So maybe you mistook half-of-decade with half-of-century?

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