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RE: Cryptocurrency: The Evolution Of Money

There is a lot of back and forth. Governments are going to try and retain control.

One step in the evolution is going to be the ability to buy everyday goods and services using cryptocurrency. This is what will satisfy one use case.

We also are evolving towards digital nomads. This will take some time but people are going to have options.

The key for now is for people to keep filling their bags and the network effect starting to take over.

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I know right! I’m just hoping for a more relaxed policy. When that happens, hopefully the idea of groceries will come soon after. I heard of many countries are already allowing that!

It likely will have to start with online stuff and stores there. Then perhaps it will spread.

Food and stuff like that might be last in line. Before that you will get stuff like clothing and shoes that can be purchased with crypto.

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Oh I heard, there’s a website that allows you to buy property! Perhaps I might be able to just buy one in the future!

There is something that allows one to buy tokens in real estate. I cant do it since it is barred to Americans. Europeans can get it.

Early days but that will be a viable option in the future in my opinion.

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I am so looking forward to it. It’s like things that you might never have once wondered, actually becoming reality very soon! Pardon me, but I’m still stuck with the fact that you can buy real estate with crypto! Hahaha

Well it is in its preliminary stages. Give it 5 years and I am going to guess it will be fairly standard.

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I guess this 5 years will be mass accumulation of crypto wealth then!

The governments are going to fight for control, and they will win until enough people get off their duff and do it themselves. Problem is these ledger systems do require some ledgering and most people (myself included at times) just want someone else to do the ledger work.

It is hard to follow the not your keys, not your crypto creed truly. It will come eventually and I do hope sooner rather than later, but people are gonna have to do a lot of waking up and a lot of self initializing.

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Problem is these ledger systems do require some ledgering and most people (myself included at times) just want someone else to do the ledger work.

Blockchain is what handles this.

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