Decentralization of Money: the End of Finance, and the Beginning of Wealth



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19.07.2019 15:42
0

Back when we had film cameras... would you have ever thought of taking a picture of your meal? Basically a dollar of consumables to show someone a week later what you ate.

Digital cameras are what every amateur photographer dreamed of. Being able to take pictures endlessly without thinking of cost.


I feel you are correct in your vision of the problem and the failure of whats-is-name's solutions.

The entire thing that would support self driving taxis would be eliminated by self driving taxis. Or, we drive to work and the store, because they don't come to us. Add in self-driving and, ... why do we need to transport the people and waste their time?

And money is costly. And, although cryptos are far better, i think they will only be a rest stop on the way to something... else.

Trading time for money to trade for products is wasteful.
So, with computer AI and block-chain trade my time as a manufacturer, for your time as an iron producer...

And then financial institution become a bad dream that everyone suddenly wakes up from.

19.07.2019 16:10
2

awesome article VC
really enjoyed it
cheers

19.07.2019 16:13
1

Sooner or later, and it's looking sooner all the time, people will stop paying corporations to make stuff for them, and just make it themselves.

Bingo.

20.07.2019 02:35
3

'Sooner or later, and it's looking sooner all the time, people will stop paying corporations to make stuff for them, and just make it themselves.'

a few might, already do in fact, but the majority? i wish:

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21.07.2019 09:07
1

Evolution happens. When catastrophe eventually strikes, the unprepared succumb, and the competent muddle through.

Catastrophe will strike, and those dependent on the beneficence of overlords will find that what they need will not be available from their masters, whose purpose is their own aggrandizement, not the prosperity of society. Folks that take hold of means of production will not be dependent on beneficent overlords, and society will evolve as a result. Them as can do, will, and who can't won't matter.

The laws of physics can't be amended by politicians, and the ability to maintain civilization is provably the possession of competent persons. I note that the prophets foretold the joy humanity would experience in their possession of the heavens.

Works are the evidence of faith, and demonstrate we take responsibility for our authority over ourselves. No magic spells or wishes, but hard work making what is necessary for people to prosper is what will deliver us from the fire coming to devour us all.

21.07.2019 18:32
1

amen brother.

i see there being a short-term collapse, before a re-set and all of our problems solved, by the falseChrist, some time in the next decade. those unprepared now will suffer, then thrive in the new paradigm and false heaven they create.

if you know your prophecy then you will know this happens for no longer than 3.5 years, then the real King returns. peace.

22.07.2019 09:51
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I enjoyed the parallels you drew with AI, photography et al. :) Resteemed.

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22.07.2019 23:18
1