The "Big Bang Theory" of Bitcoin
The "Genesis" or origin of Mother-Earth with all the neighboring and endless galaxies is an inexplicable mystery of nature, altogether with the origin and development of humanity. At least, if we keep in mind the many different theories that we got from a spiritual / religious perspective, but also from a scientific perspective (= the "evolution theory of Darwin"). Theories that to this day, don’t seem to have any logical association with each other, but were accepted by different social groups and were transferred over the centuries to the next generation. Thanks to the mindset of those groups, such theories (=paradigms) have been widely adopted and integrated into our actions, thus coming to the development and establishment of our world and society.
"The big bang theory" is also such a theory, whereby the emergence of the universe we nowadays know, was created by a so-called "big bang". A bang that brought tiny cosmological particles in such a motion, that matter started consolidating itself, making it visible for observations of the human eye. In short, what we physically perceive and experience is a consequence of how we think and the knowledge that we possess (= intangible). So sometimes you notice that, understanding what we cannot perceive, especially the intangible aspects, starts with information that we consume and our capacity to analyze and sort this information in order to gain knowledge and insights. Wisdom and skills will then determine how an individual will apply this knowledge for his/her advantage. The mysterious character and intangible manifestation of the "big bang" has a resemblance with the technological innovation of bitcoin, given that the founder Satoshi Nakamoto has remained a mystery up till now and bitcoin its nature is intangible. But where does the "Genesis" story of Bitcoin bring us?
Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (xrp) and Steem, are described as disruptive, a phenomenon, a hype, a manifestation, a scam, a gamble or a piece of decentralized technology, by several people with or without knowledge. However, the underlying technology more known as the “Blockchain” is creating a cataclysm in the financial world. Also within the highest political circles worldwide it enjoys major attention, because of the many opportunities it has to offer on the one hand and of the potential threats it predicts to the established world order on the other hand. On a social level it certainly enjoys broad interest by particularly the “experts”, who use it as means to gain and promote financial prosperity and stability. Interesting to know, are also the many possibilities it creates for start-ups and young entrepreneurs, that in many cases can't do business with the bank, because of the many bureaucratic conditions and compliance measures, which work obstructive for young entrepreneurs. Aren’t these obstacles working counterproductive, resulting in driven entrepreneurs revising their approach? This change in view, often leads to addressing affairs differently and with faith, vision and self-confidence, future leaders will take crucial roles and make an attempt to reverse the tide!
The world, in my opinion is in a recovery process, due to the natural order of things. Promoting and believing in immaculate young leadership has often to do with that recovery, as well as applying new technological systems, such as the blockchain technology. This, to re-arrange and redefine the context of affairs within the established world order, only to increase awareness of humanity in terms of self-development, ownership, self-sufficiency, trade, communication and finance. This gives us to my belief the opportunity to go to the next link in the evolution of humanity.
A digital-industrial revolution
A digital-industrial revolution also know as the 4th industrial revolution, whereby advanced technology will form the basis of our essence and can offer us the extra helping hand in raising our living standards, general production and the quality of life. This revolution is characterized by the fusion of different technologies, by which the lines fade between the physical, digital and biological domains. It comes down to a piece of culture development, by which also drones, 3d printers, artificial intelligence, blockchain & cryptocurrency and virtual reality, which often enter our society on a very sophisticated and subtle way, will define our everyday life. It is therefore important that we focus on especially the great global technological developments.
The "revelation" is that blockchain technology and cryptocurrencies, with all its possible applications are undoubtedly here to stay and it's emergence in our beloved Suriname is no exception , because of this technology her globalization characteristics! So therefore, it will revolutionize many fields, but with significant challenges on it's horizon. An ideal digital world without borders intended for the next generation, where the task to "build and guide" is assigned for our generation, so that the next generation may later pick the fruits.
"Great things take time to build".
The Internet also had a lot to endure in his development, to the point where you can't imagine a world without the "World Wide Web". It is therefore important to be cautious in providing different descriptions, to what cryptocurrencies are or what they are not, but that we as intellectuals, reach consensus about what it is and what it could mean for us, before the complete integration of the different domains (= physical, digital and biological) takes place;
"The next step in the evolution of man".
Keep in mind that because of the complete integration and fusion of the three (3) domains, millennials and generations to come, will find technological innovations and applications, practically applicable and hip. Exclusion of machines and AI robots to our social and economic infrastructure, won’t be desirable, because of their progressive behavior. The financial infrastructure should therefore be in its place for these "self-learning machines". However, machines and robots logically know no emotions, because of their mathematical nature and cryptographic- analytic structure. This will restrict them in my view, to trade and bank in the traditional way and that is exactly where one (1) of the many applications of cryptocurrency and blockchain technology complete its prerogative. This is possible because cryptocurrency is a piece of pre-programmed "share", in which all conditions, standards and rules that we know about money and its commercial traffic are incorporated.
Cryptocurrency and blockchain technology among other things, creates the possibility for robots and machines to be part of our social network and financial infrastructure. Just like how the industrial revolution ensured, that the farmer could have a tractor to increase his production significantly. In the same manner, the arrival of the self-learning machines and robots will usher the new digital-industrial revolution and offer humanity an extra helping hand as a stepping-stone for increasing our consciousness, in order to continue our evolution and increase our living standards and quality of life. Having faith and confidence in people with a clear vision and an immaculate character, will therefore be a requirement more than ever on these crossroads, so we can spearhead to economic and social stability, sustainable growth and prosperity so we can secure the future for the next generations to come.
In short, bitcoin and cryptocurrencies, together with the underlying blockchain technology have broken the status quo and therefore have launched a crucial paradigm shift. Thus, it is important that we collaborate and place our visions and insights next to each other and with knowledge from our past, head into a new direction, seeing that artificial intelligence soon will be a part of our daily life. The time has come that we constructively and critically approach this new technology and development and collectively discuss what the possible opportunities and threats are, especially within the Latin-American region.
Anthony Sporkslede
(CEO & Founder; Mercury iCon NV)