Bitcoin vs Gold. A picture of the future.

in #bitcoin7 years ago

Fat chance Bitcoin will go down. Despite the fact that countries holding gold are against Bitcoin because it devalues gold, Bitcoin still has advantages over gold.

Gold is heavy and requires a fortress to protect it and armed guards in tanks to move it. Our war machine has many weapons that can take these repositories down.

Similarly, Bitcoin requires high security over the internet which is not perfect right now but, some day, all hacking will be impossible and will not require hard assets to protect it. Dishonesty will become impossible.

There's still some time before all the glitches are fixed and the gold vs crypto wars are fought; but, when the exchange infrastructure is in place, people will be able to purchase supplies by cell phone sized (or smaller) devices (under their clothing or in contact lenses, or ....) from vendors who have similar equipment. Payment approvals will be instantaneous, secure, and authorized by a push of a button or a thought or twitch and a biometric.

Boom "towns" will flourish around Wi-Fi hotspots initially and spread out as infrastructure is put into place. Our conventional war machines cannot take it down due to crypto currency's global distribution. There's no single place to hit.

The Amazon structure will advance to the point where it will be more economical to order from a device and have your supplies or gifts delivered via gps guided drones.

Exchanges will become decentralized and more efficient. If one exchange runs out of currency, another will take its place.

Fiber optics could protect against EMPs. EMP shielded computers could use optical chips to obsolete EMP threat.

Robots will work as we play.

If we stay aware of the forces that mean to take advantage of us, we just might end up in a strange world that will take some getting used to. No lies. No scams. None of us will ever be able to lie, or steal, or assault, or kill without being caught immediately. Each person, by default, will live securely. No more fear, no more law enforcement. Each of us will know, for a fact, that our future is in our own hands, not someone else's.

Will we be happy? It all depends on our intentions. Will this new paradigm be boring? I don't know.

I invite everyone to think about my words, to criticize, to embellish, and to suggest improvements or write their own painting of the future. (Please, no more gloom and doom.)

We are all artists and we will always paint a better picture.

P.S. Is it true that Walt Disney just bought Fox News for $50 billion?

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