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RE: VLOG 192: ETHEREUM ILLUMINATI AGENDA!

in #trevonjb8 years ago

Blockchain is a way, not the way. People thought fiat, debt based econamies were the way after the post-agragrarian revolution when farming started to spring up, and from there the towns and cities rose. Centralization made management easier for the powers that be. Make no joke, digital currency will be used to manipulate people - such as lowering the interest rate for all digital currency (state-operated) which would force people to spend the money before it lost more value, etc, and that's not evening touching on Trevon's point about the Minority Report future he foresees.
With a centralizied digital currency insurance companies could raise rates if you spend too much money on junk food, cigarettes, booze, whatever - that's not an if but when. They'll do away with credit scores and all of our activities and purchases will be used to assess our life-score.
I think the direction we need to move towards are local, decentralized alt currencies that help and serve the communities that we're a part of. Like tokens used to buy locally produced food items that have no value outside of the production and consumption of food in your town/city. Cryptocurrency has such great potential but the corporations getting involved draws out the Green-eyed Monster in all of us.