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RE: Money Will Never Be The Same. Again.

in #money8 years ago

I think mass adoption of crypto currencies by the mainstream is still quite some way away. We still have a major war to get through yet, and then the recovery from that.

There will be a section of society - the early adopters, who will do well because they got in early. but your average person on the street who currently knows nothing about crypto will be in the same position they are in now.

Crypto will bring wealth and freedom to some, but to the masses it will simply be the same old thing in a different form.

Instead of holding your paper money, the banks will hold your crypto. It will be illegal to have it stored anywhere else eventually.

These days, and those to come in the near future will be seen as the golden years of freedom for crypto, before banks and countries found ways to control it and regulate it and profit from it.

I don't mean to be negative, and I'm excited to be dipping a very small toe into the crypto pond, but I can't see those in power just rolling over and letting this sort of freedom go unchecked.

After the shooting war, there will be a crypto war, and only the quick and agile will survive that one.

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As gloomy as this is, it may be plausible.

I don't mean to be a downer, but I'm seeing so much stuff on Steemit about how the blockchain will free everybody and make everybody rich.

The world just isn't like that. It may be cool technology, and it may being wealth and freedom to some, but to most it won't change a thing for them.

Hmmmm.......... I feel a reality check post coming on...... hehehe

While I think my scenario is more likely, I prefer your scenario. ;-)

Technology usually changes the way humans are doing stuff, not the way humans are. Greed, fear, anger, compassion, all these are human traits and they are the consequence of the decision we, humans, take.

Very true. ;-)
In a round about way that's what I was getting at in my post today where I said that blockchain technology won't change things for a lot of people.

Mainly because people and their drivers won't change.

I was possibly a bit too morbid for Steemit at that hour of the morning ;-)