A few nights ago, the boyfriend and I had a discussion about the potential impact crypto can have on the world and I thought I'd ask the questions we were asking here so to entice a discussion and to see what your ideas are.
Everything mentioned here is a 'what if' scenario and are hypothetical cases.
What will the world look like if everyone is financially abundant because of crypto and no one has to work anymore?
Does that mean that there will be a massive shift in how we have/maintain jobs? Do jobs like garbage removal somehow become even more automated so that very few people are involved in process?
What does this mean for the way our countries are governed? Will boundaries dissolve perhaps?
With the rise of crypto, there will be more billionaires (we might even have trillionaires), is this something we should be 'afraid of'?
If someone has so much capital, technically they could employ entire armies.
What happens to someone who is illiterate and unable to join the cryptorevolution and is left behind while the whole world moves in that direction?
The idea of having your money grow so much in such a short time. Is that even feasible? Is it realistic?
Will there be a time where paying with crypto is seen as the norm instead of fiat?
We had a full on hour long conversation about all the opportunities and challenges this could all present. And perhaps I'll share our thoughts here one day too. (Maybe in a podcast?)
In no way do I claim to understand or foresee the impact of crypto on our world, I just think the discussion is super interesting!
Looking forward to seeing what your ideas and thoughts are!
The floor (comment section) is yours!
Over and out,
Ashley