hi

in #w7 years ago

The beginning of the Real Capitalism

What you see in most of the countries and included in the USA is not real capitalism, it's a parasite capitalism. It's not free market economics.

What the world has seen in the last 50 years it's just a corporate socialist welfare program where the Fed ( by those who don't know much about it, it is a PRIVATE institution owned by the wealthiest and most powerful private banks in the World ) that gives free money to very large banking corporations so they can rule the system, and in many cases these huge corporations don't add any value to the supply chain and they get huge profit (actually billions of USD per year.....) only due to their position in the system exclusively (it's the definition of a parasite and the definition of the concept Rent-Seeking).

The most populated place in the world is not China, and the richest place in the world or the most technological advanced place isn't The United States anymore, it is Internet.

For the first time in history the internet has it's own currency, it's own network, it's own distributed system, it's own trust model, it's own decentralized ledger of ownership..... giving back the power to the people in an unprecedented way.

What this technology and this currency does it's basically taking away the power from the intermediary institution and giving it back to the people and individuals...removing all costs and inefficiencies from the intermediaries, adding more value to the supply chain and making the system more efficient.

We are just in the beginning of the biggest socio-technological revolution in the human being. It will be so much bigger than the Internet.We are just in the beginning of the internet of things. For those who believe that this technology is only about money they are far away from the reality and far away from the right knowledge about what it is behind; the real value behind. They are missing the intrinsic value itself.

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