Sorry I'm late today. Don't even have time to do my workout and it's already past midnight. Due to? A job. 9 to next day 5 job.
I have something to say despite I'm a Jessie. I kinda get where is this heading to, the only massive adoption is like Venezuela where the country denominated currency inflation on a triple digits that causes stagflation, the citizens can only rely on either barter trade or a common currency to protect the value of trades. Correct me if I'm wrong @joelsegovia
Decentralise or not, I believe this is the human blueprint, the designed of The Matrix in reality. Where did Just in get the ninja mined steem? How much did he paid for that dapp company? Ultimately, what did he used to pay for that company. Funny isn't it? Pay fiat, to own a discounted decentralised application company?
How about this, let's assume it's now 2029, Skynet had taken over. John Connor is dead. The decentralised network had dominate the world, there's no point to kill people anymore. Machines doesn't required money, their pet human needed one. So they create a decentralised bank for the people that seemingly sound because DUSD(decentralised US dollar) is pegged by SKYNET coin 😂
Aren't we value referencing all of our token back to USD? !tip
Yeah I get it jobs do tend to get in the way of things we actually want to do! Well at least you’re still aware of it , most people have given up and let their jobs dictate their lives all the time
Yes but those people in Venezuela are doing so because their currency has failed them what about counties that don’t have that? Let’s say South Africa in relative terms the currency is failed already but people still trust it and aren’t going to care about crypto they know Rands/ZAR gets them food and it’s the only thing they want to earn
For sure it is a blue print and it’s never going to change but what it can limit is the gap between the rich and the poor and brings people into the same economy where more can benefit than the current status quo
When you put it that way I suppose it doesn’t matter by the time we have the Implementation to fix these things we will have general AI who doesn’t need all this silly politics and just wants to move on from all these humanly constraints
I guess we're living in this same different world. It look so simple, just ditch the fiat, but it's so difficilt to live without fiat. I just liquidated some steem to pay for me phone, after 2 years 3 months. I don't feel lose "money", I don't feel gain. I don't know will I have a chance to witness that era, but I guess that's the war we all have to fight for.