Open-Source Decentralized Capitalism
In my last post I mentioned that Golem technology allows everyone who uses it to be both a producer and a consumer. This creates a more pure form of capitalism where market prices are fair instead of exploitative. When a market becomes decentralized there is no opportunity for monopolies or artificial scarcity to take hold. This is a very important dynamic as we pave our way into the future.
People have been talking about this concept for a while now. Some of us are sensing a shift out there to decentralization. There has been talk of this shift even since before The Blockchain was invented. However, the blockchain will be the catalyst that brings it all together. The Blockchain is the foundation for an open source world.
Soon™, we are all going to have the opportunity to be producers instead of just being low-level worker bees. Buy a graphics card and produce currency. Sign up for a Steem account and produce content. Get a 3D-printer and produce whatever you want.
Projects like open-source ecology, The Blockchain, and other transparent products are going to go from speculative to absolutely necessary. By providing a foundation for monetization, cryptocurrency will allow us to stop reinventing the wheel behind closed doors.
This also promotes diversification. There are hundreds of Linux operating systems out there, each tailored by developers for a specific purpose. You can't get this kind of diversification from a centralized company. They have other things to worry about like marketing and advertising. They are afraid to overwhelm consumers with too many options so everything gets streamlined into a product with less and less options while still attempting to meet majority need.
Soon™, there will be a shift. As automation eliminates more and more jobs, that automation must me decentralized back to the people who lost their jobs. Without a solution like this, we are left with a broken system with unacceptable unemployment rates.
Be ready for the shift or you may trip and fall.
Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game has passed the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e
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https://steemit.com/adamkokesh/@fundposhprincess/how-to-start-kokesh-s-domino-effect-of-localization