So, I am the geocryptographer. I look at this thing through a geographical lens. For those of you who have no clue what that means- a geographical lens means I am looking at this specifically for how people are interacting with this.
Now, to anyone who says they KNOW when it comes to cryptocurrency- you are just fucking wrong. Sorry. This is speculation. So we talk about facts and make predictions.
People are using this faster.
My prediction of this scenario is that we are witnessing the beginning of the next major social revolution. Yes we just got out of the 'Information Age', the last major social revolution was the industrial revolution. This was a social revolution. People changed the way they saw the world, people transitioned into a new means of production, growth, economic activity, social behavior, and overall; an increased access to wealth.
This wealth was concentrated. This was a shitty social revolution by standers of MOST of the people during this time. Nonetheless, we needed to get through this in order get into the next phase of society.
This time around, people are taking this revolution into their own hands. With the birth of a reliable eCash, people have effectively said "Fuck your dollar, yen, euro-trash, we are making our own cash." Here is the thing, its better.
For new comers to the Crypto revolution, it is my opinion that this will replace most mainstream networks and blockchain technology, like a rising tide, will seep its way into every part of life. Companies that move trillions of dollars will work these technologies into their systems, and in doing so, eliminate the need for a LOT of administrative jobs. This is the automation of accounting and filing. But, this is not the only use case. Keeping track of refugees documents in a digital, accountable, reliable way; making sure that smart cars all recognize themselves and work in tandem; proving products and preventing counterfeiting; even parceling and organizing all of the land owner ship rights in the world.
By creating peer to peer currencies and shifting the control and ownership of value to people, it becomes increasingly difficult to collect taxes. Who picked Taxes to be the only other thing that is certain in life? Now, at risking sounding like a super libertarian, when was the last time the government spent their money in an efficient, productive, meaningful way? What war do you remember people lining up outside yelling "shut up and take my money!"
While many wars have been window dressed as ideological wars, or wars of justice- most people don't support the mass murder of a bunch of strangers, thousands of miles away, to the profit of a few. Making funds harder to collect will restrict the governments ability to enforce its control and make them act more choice with their decisions.
With the accountability and transparency of blockchain and a lot of the projects coming out. This will most certainly make it's way into the government. There will not need to be as many employees and the government will shrink. If government is a crowbar that has been leveraged by rich people to further their advantage- they will no longer be effective. At least not to a degree by which they are able to leverage the government today.
I think there are a lot of reasons why crypto's are so popular; hype, fads, money, etc. I believe this is a slow rising tide that is going to erode the foundations of many institutions and essentially corner them out of their own markets. The nature of the world is cyclical. Markets correct themselves. Environments correct themselves. Adaptable species correct their positions when at risk. I believe that this will lead, slowly, to the pressure gradient of people to government to even out and even shift. I understand this is grandiose, but i am just speculating. I could be wrong, but another fact is that people are growing less trusting of traditional and government institutions.
People are moving, idfk, its going to be a lot bigger. Buy power ledger. They are dope. Anyways, PLEASE let me know if this makes any sense and give me some feedback. My goal is to improve my writing and thinking of whats happening here, the more I know the stupider i feel. So, while i am trying my hardest not to move my positions, I will be honing in on my thinking. Thanks and remember; Bulls make money and Bears make money. I am beginning a series of crypto summaries of some cool coins at cryptomarket360.com, follow my articles, my name is Jack!!
