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RE: The Screen is a Pathway to the Heart
@the-alien Looking forward to your series.
Being a part of the emergence of blockchain culture and the economy it inevitably creates is definitely exciting. Cryptocurrencies are finally going mainstream, but I don't believe they will hit the "tipping point" you referenced until major banks (not to mention Federal Reserve Banks) finally accept and utilize them. When that happens, those of us that were early to the game will upend the normal monetary hierarchy.
What do you think will become of the various cryptos in the future? Does it make sense to have so many? I personally think there will only be one or two that survive.
Oh the reason I mentioned that is because I think the tipping point will come despite the central bankers and ruling entities not by them allowing change.
Just like what happend with the printing press where even they were executing and torturing people, the same with the demise of state-church power, always these things hit critical mass despite the rulers who of course want to preserve their power. I don't think this time it will be different.
But who knows right?
About multiple currencies or not? Multiple for sure, the more the merrier. Each person should be able to create their own currencies, and the best wins. Decentralization is the goal.
Just like before we had 6 media channels that controls everything, the new media didn't collapse because everyone can create their own youtube channel but rather the opposite, it boomed because of that, and the best channels win :)
I see where you’re going with this. The more the merrier in terms of cryptos. In the end we’ll have to hope that the big and centralized banks DON’T get involved and muck up the scene.