So I鈥檝e been thinking a lot lately about life and money. You can call me a casual observer of human nature. From the garbage man to the the guy working the grill at Chipotle.馃尟 My observation of people has helped me understand more fully the struggle of the average person.
As I observe many people working for peanuts daily it always dawns on me that blockchain will fix this monetary mess that was caused by greed. Even now there appears to be a substantial labor shortage occurring within the U.S. job market. There are many factors associated with this issue. However, it appears that labor is winning鈥or now.
Automation is surely the next step for any business owner short on labor. Some business are having to rely on upper management or management to do mundane tasks. This of course leads to more stress and demand for coveted labor. However, many will begin to smarten up concerning these tasks. 馃
Automation is the next course of action. Much of the process that鈥檚 goes into most tasks can be done via a machine. From ordering kiosks to robotic chefs there is a better way for laborious tasks. And frankly most of these low end jobs are poverty loop creators.
A poverty loop is basically a continuous flow of never ending work without adequate compensation. Combine this with increasing fixed personal costs and you got the perfect recipe for poverty. Basically a situation where paycheck to paycheck is the only way. A job that provides enough to get by but not enough to thrive.
So it is no surprise at least by me that many are choosing to opt of the dead end poverty loop. Working one鈥檚 ass off just doesn鈥檛 cut it any longer. Not while bankers and politicians are living the high life at our expense. And now blockchain will present a way out of a game that no longer pays well.
Although crypto has made many people wealthy since it鈥檚 inception there are still many who continue to struggle. The problem is Wall Streets influence upon the crypto sphere. Many are still trying to use legacy economy rules within the blockchain. Casino finance is a dangerous path to take.
However, there is hope. Platforms like Proof of Brain, Hive, and Leo Finance are showing a better way. Instead of gambling the kids college fund people can blog and earn crypto. And since there are so many ways to earn and compound its a recipe to create positive wealth loops.
So can crypto make us all rich? And is this possible? I believe the answer is yes and yes. But the rules have to change.
By rules I mean legacy casino finance rules. Blockchain must focus more upon earnings as opposed to trading . I mean do we really need another centralized exchange? Remember, casinos exist for one purpose: to syphon value from the gambler.
Instead, we should all focus on systems that promote abundance and increased token flow. Also, ways to earn currency for doing things that are positive ie exercise and gaming. And as these systems begin to flourish many users will become attracted to the income streams. This will in turn create an increased blockchain user base.
As the crypto sphere expands users may become wealthy but on different blockchains. For example: I whale into a virtual game that I like and earn 1 mil tokens. Now these tokens have appreciated and I have some nice wealth. Now imagine this happening 1,000 times but to 10 million people.
Now I may not have fiat wealth but my virtual coffee shop game balance is 1,000,000 tokens @ $.50. And maybe I cash out or maintain the stake instead. You can see where I鈥檓 going with this. It is very real and it is only a matter of time before this example is happening daily.
If your not excited about this notion of wealth creation then I don鈥檛 know what to tell you. This example above shows the potential of blockchain tech. And it is just the tip of the iceberg. Are you ready??