Blockchain As a Tool of Revolution

in #cryptocurrency7 years ago

This is my first post on Steemit and I want to share why I'm here. I'm a somewhat-late-to-the-game-early-adopter of cryptocurrency. I've certainly enjoyed the gains I've seen in my very modest portfolio, but I'm here for the show, not the profits. Despite over a year of research, I have very little technical grasp on the inner workings of cyptocurrencies. The technical stuff isn't my strength. It's not how my mind works. What I see is a foundational technology that will allow us to build a new world if it can get some momentum. I am invested to seed revolution, not to earn quick profits. Current society is structured around trusted intermediaries: banks, gov, distributors, speculators, insurance companies, escrow and so on. Blockchain allows disintermediation and decentralization because it is trustless (does not require trust of the two parties of a transaction). As use cases are developed whole industries will be rewritten or disappear. Escrow should be gone within a decade. Hopefully governments and banks will follow them in short order. Power has resided with middle men for too long. Block chain is a revolution borne of libertarian and anarchist chyperpunks. Revolution is never bloodless. Either pick a team and get involved or grab some popcorn and stay out of the way. Viva!

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