https://www.theday.com/article/20200321/OP01/200329917
After Googling "world will never be the same" most of the results are in direct reference to COVID-19 and the economic meltdown, despite there being a ton of songs and other popular mediums with the same message.
So many things are going to change.
However, I'd like to focus on some big ones that a lot of people might not realize.
It is no secret that most people live paycheck to paycheck. We live in a disposable society that glorifies instant gratification and extreme wealth/status. Fashion was practically invented to keep people buying things after they "went out of style" but still remained fully functional.
The fallout of this economic disaster could have drastic effect on future spending patterns. I've already spoken to the middle-class getting utterly squeezed into oblivion. What happens if things like fashion, vacationing, socializing, and partying become far less popular because citizens are more worried about survival? If a lot of businesses don't get taken out by this shutdown outright, they very well could have a completely obsolete business model after the economy reopens.
Sure, there will be some, but there will also be far fewer.
This is a numbers game.
Even a 5% loss can take a company from make to break levels.
Okay, so imagine millions of people saving up a few thousand dollars for the first time ever in their lives because of this whole shitstorm and the fear it has caused. We all know what a powerful motivator fear is.
What's happening during this time? Those same people aren't buying the things they normally would be! This causes retail to panic and lower prices. Lower prices means deflation is going to occur, even in the face of the Fed printing out trillions a day. The whole situation is insane. Purchasing power will go up even though inflation is completely uncapped because citizens are terrified to buy things that aren't essential. Kids gotta eat, ya'll.
However, at some point the fishtail will swing back. A lot of people have saved up those thousands of dollars and they now are in a place where they feel safe because this whole thing has finally blown over. Do you think these people have the self control to continue not spending their money like fools? Hmmmmm, think again. At some point the fishtail will swing back and we're all going to get slapped by the long dick of inflation due to massive capital injections into the economy.
The entire world is about to experience some kind of crazy reboot. Seriously though, we haven't even got to the first of the month when rent and bills are due. Give this whole quarantine thing a few more weeks and see what happens. It's not going to be pretty.
It's always amazed me that there are so few options to work from home.
Even companies that can easily provide this option often choose not to.
I bet those same companies are feeling pretty damn stupid currently for not catering to this obvious advantage beforehand. If it wasn't a priority before, it sure as hell is now.
As the Internet of Money, crypto is well suited to create jobs and pay people from home.
Again, enough competition in this regard will push traditional businesses into the red.
Some are saying this is all part of the Globalist Agenda to take over the world. Some are saying humanity is due for a culling. Yes, well, if you look at the population of humanity over the last 2000 years that would certainly seem to be the case, wouldn't it? We've all seen these exponential bubbles before, and they don't end well... do they?
1, 2, even 6 BILLION people dead? Depends on your perspective I guess. I'm sure most would actually find it quite terrifying... perhaps even the very definition of terror. In a certain sense all I see is another boom/bust cycle; another colony of bacteria that's expended all its resources and faces the only option left to avoid complete extinction.
Perhaps I only get to say things like this because I'm white... and a man... and straight... and my parents are rich... and I don't have idiot spending habits... and I understand the world better than most of the people I talk to in person... and...
Regardless, I'm in a pretty awesome position to survive such an apocalypse if one happens to pop up. I mean, for one, I live in America, and most citizens are ignorant/apathetic, but more importantly overpopulation isn't that big of a deal here, especially if you move away from the coastline. India and China are done fucked, I tell ya.
Again, people are naturally going to start getting interested in activities that can really only help the crypto movement in the long run.
Justin Sun was the best thing that's happened for Steem, just like this COVID-19 is the best thing that's happened for the economy. The craziest part is no one realizes it yet. Remember when we were all running around screaming on Steem?
JUSTIN SUN IS THE WORST THING TO HAPPEN EVER!!!
Serious Shakespeare timing.
Which is why it must all be some dastardly psyop, amirite? lol.
We turned our back on the corrupted governance structure (distribution) and forked a new one. Now everyone is super hyped about the future. Developers are working day and night for peanuts just for a chance at freedom. I see the same thing happening in the legacy economy, only it's going to take a hell of a lot longer to accomplish.
To be sure: we are entering a rapid state of extinction, radical environmental change, and hyper evolution. Yes, we might not all survive it (rip Koreans) but those that make it out to the other side just might be able to build themselves a better world.
