With the rise of reliability of cryptocurrency, the world is really switching to it. Although the governments hate decentralized payments, they can't even put an end to it, and it will keep going more popular everyday.
I composed this post to discuss what would happen during the coming 10 years.
Questions to think of:
- Will the fiat currencies be obselete in the near future?
- If fiat currencies crash, what will happen to the nations around the world?
- Will you prefer to accept your salary in a cryptocurrency?
- What will happen to those who control the world? such as Rothschield and other rich controllers?
- If everything will change, do we excpect to have a new world? a good or bad new world?
People are having more faith in blockchain than ever before. Even those who have no idea about how the technology works, they are following the trend. If there will be a next boom technology for Web3 based apps, people will start to abondon standard payment systems by time. I think this will lead to a huge depression caused by the fall of big companies. But hopefully, we will see the rise of new blockchain companies who will compensate the losses and allow better wealth distribution.
Speaking of which, do you think Steemit is very capitalistic? you will only have value if you own Steem Power. So we are back again to people who will control the whole new blockchain? Do you think it is a fair wealth ditribution?
I have no answers for the questions. I'm just wondering about how will the new world look like in 10 or 15 years.
I wish that it will be better for the poor and full of peace and goodness.
me too... me too... it will be much different from today... maybe not in 10 years, but in 30 years for sure... 😊 @peekbit
I wish we can live to see that difference :D
Yes - I‘m sure 😊
Globalization is necessary for all nations, fiduciary currencies will not cease to exist, since they will be necessary in some remote areas. The payment of salaries based on cryptocurrencies is acceptable, there are already forms of purchase - sales in the markets.
I hope so.... I wanna live to see that happen
So sad this is true. It would also so a similar trend if we look at gold and silver adjusted for inflation.
some extremely poor country is starting to see alternative in crypto. i dont think it cant replace fiat yet, at least for the next 50 yr or so.
I hope less than 50 years, otherwise only my children will see that !
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