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RE: 10 Predictions For Cryptocurrency In 2030

in LeoFinance4 years ago

We All Will Be NFTs

Interesting that you say that because one of my ideas for Hive is to do just that.

https://peakd.com/utopian-io/@edicted/soul-shards-reputation-credit-loan-coin-of-the-steem-blockchain

I want to give every account a unique "Soul".
Your soul is a measure of reputation and value within the network.
You would then be able to "sell your Soul" to others with contracts to buy it back later.
Essentially just an interesting way to do Peer-To-Peer loans on-chain.
Soul collectors would basically be bad-debt collectors.

Almost Everyone Will Have Virtual Businesses

In a real free-market economy everyone must be a producer and a consumer at the same time. Without this citizens are subject to wage-slavery. Hopefully crypto can make this a reality.

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A Digital ID system and solid reputation score are two things that are needed. What is in place now is not going to suffice, especially as more powerful technologies enter the picture.

Absolutely, the world of the prosumer is coming, which is going to lead to abundance. Each will benfit from both sides of the transaction instead of just one.

I look forward to some of your projects starting to see the light of day. 😁

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I look forward to some of your projects starting to see the light of day.

I know right? Honestly though the foundation of all of these things is a database connected to a server. I've got Node.JS and MySQL booted up right now and playing around with it. Once I have this solid foundation I should be able to crank this stuff out relatively quickly. Dapps become surprisingly trivial when you have a built-in network for security (private keys) on top of a database that is verified and stored by 20 witnesses and hundreds of nodes.