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RE: Expressing the Future of Finance
Thank you very much for this very insightful and informative article. As an artist, your ideas for creatives are very thought provoking.
Even though I have a tech background and have been looking in Crypto and blockchain for the past year, I am still wrapping my head around the uses and more importantly, the impact upon society and business, and thus ultimately our future.
Most people have no idea what is already upon us, this a truly seismic shift in our world, the likes of which, I think human history has never seen.
Your question you proposed, I think this technology is fundamentally disruptive, and may even make government obsolete as some people tout. That of course will upset the "elite" who will fight dirty to keep their advantage.
Thanks for the comment. Yea, it will upset a lot of people. Society has been used to a middle man for so long, that it is just assumed. We assume the tollbooth is going to be there. We assume sales tax is just going to appear on the receipt. We assume we have to go through 4 intermediates to buy a car or home. It will be a dangerous paradigm shift when people discover they can cut through all of that.
Meanwhile, on the other side of the social ladder, for those with corrupt or broken systems, it'll be a boon to remove them entirely from the equation.
Which means, our societies will need to completely re-organise.