Bitcoin and the tidal wave of humanity

glynmaclean (29)in #bitcoin • 8 years ago

There is a tidal wave of humanity coming, the endless flow of which which will inundate our global economy, causing submersion in a debt beyond repayment and the degradation of humanity.

But don't worry, Bitcoin is one of the many mechanisms by which the crisis will be averted.

UNDERSTANDING THE TSUNAMI OF HUMANITY
REFERENCE:
http://socialmarketing.org/archives/generations-xy-z-and-the-others/

The first wave of humanity we know as Baby Boomers, the post-world-war-two generation who are right now retiring. This is the group of people who have enjoyed generations of opportunity to create value, some of whom have also undermined value for future generations by allowing democracy to be taken overrun by the transnational corporations that they own.

Few are aware, that beyond Baby Boomers we have successive generations (each generation being roughly one to two decades) through which there has been a massive increase. Baby Boomers for example, make up less than 50% of Generation Y (Millennials) with the ratio being 33 million Baby Boomers to 71 million Millennials.

BY 2050 THE GLOBAL POPULATION WILL 2 BILLION PEOPLE OVER 60
REFERENCE:
https://ala.asn.au/wp-content/uploads/2011/02/The-ageing-population-report-FINAL-WEB.pdf

I use these figures to illustrate that by the year 2025, we will have a global ratio of two retired people for every one working person. 2-1. Retired to Working. I want you to think about this clearly. That there will be one person working to pay for two people who are retired. Think about your wages or salary being used in this way. It is an impossible situation. Although aggregate ageing populations decrease upon the eventual deaths of Baby Boomers, the sheer volume of combined successive generations is many times the number of Baby Boomers.

EXPERTS PREDICT 1/3 OF JOBS WILL BE REPLACED BY ROBOTS
REFERENCE:
http://www.businessinsider.com.au/experts-predict-that-one-third-of-jobs-will-be-replaced-by-robots-2015-5?r=US&IR=T

AUTOMATION TO REPLACE 40% OF JOBS IN AUSTRALIA. ARE YOU READY?
REFERENCE:
http://www.abc.net.au/news/2015-06-16/technology-could-make-almost-40pc-of-jobs-redundant-report/6548560
Add to this that it is predicted that up to 80% of jobs will be automated and robotised by technology. Ray Kurzweil, director of engineering at Google, anticipates that by 2029 robots will have reached human levels of intelligence.

GOVERNMENT RESPONSE - BITCOIN TO THE RESCUE - PENSION PAYMENTS
The coming Tsunami of humanity is well known to world governments.
Already, they are collaborating to create new mechanisms by which Pensions are paid.

REFERENCE:
http://www.financemagnates.com/cryptocurrency/news/uk-tests-blockchain-based-social-welfare-payments-govcoin/

UK Tests Blockchain-based Social Welfare Payments with GovCoin. Barclays, RWE npower and University College London are partners in the blockchain for welfare payments trial.

We are likely to see Governments shift from FIAT/Cash currency and move to leverage Blockchain technologies to create Cryptocurrencies with capital funds raised under new legislature to create and maintain value to meet Pension payments.

Bitcoin and the tidal wave of humanity

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