The Internet of Value Revolution

in bitcoin •  7 years ago 

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The greatest thing the internet has done for the world is democratize information. Now it's time for the internet to do the same thing for "value". For money.

This internet of value must help enrich the lives of everyone on the planet who embraces it, or else it doesn't work at all.

For how long now have people have let others dictate to them what money they need to use, what it will be worth, and with whom and how can transact? This badly needed revolution is gaining steam, and in the best case scenario, it will be peaceful. The internet of value has a chance to become the greatest peaceful revolution in human history. Here's a few reasons why.

  1. The billions of people on earth who don't have access to financial services. Not only will they be able to grow faster and compete with developed nations, they get to leapfrog legacy banking and payment infrastructure. They will go directly to mobile devices for banking, point-of-sale and payment rail systems while using digital tokens for value and equity. In the coming years they could potentially bridge a several decades long gap and catch up to nations that never gave them a second thought.

  2. The internet of value instantly removes layers that add no value. The value that was consumed, pocketed by wealthy institutions that formerly controlled money flow, can now be delivered to those who are actually making the investment. UBER will hit the public market at a $70 billion valuation, having lined pockets in the private markets for years. Perhaps it's successor, a decentralized solution, could enrich anyone in the world who wishes to invest early or often. Private investment in UBER
    under $50,000 may be unavailable or even laughed at. It's successor could take an investment of $5.00 or less from literally millions, if not billions, of people.

  3. Greed and human kindness. The Nation State will be outgunned in the peaceful revolution of the internet of value. Beaurocrats willing to point guns at citizens and cage people for transacting through the internet of value will not last long. They will be as defunct as the Berlin Wall, and their Nation will follow a path parallel to East Germany. It will be so much simpler to join the unstoppable revolution and enrich themselves than it will be to raise a hand in defiance to the internet of value.

Of course, certain nations will still have their duckets or dollars, dinero in digital or paper form, so that they may instantly manipulate decimal points when they can't pay debts or feel the need to build their militaries. How important borders will be after the internet of value revolution remains to be seen. The people of earth may become citizens of the internet. One world. Creating. Manufacturing. Trading. Local communities worldwide able to enrich themselves by joining together, unimpeded.

The internet of value revolution will give freedom to pricing information. Allowing real pricing to find traction in markets with less friction and waste. It's also free to join. Start learning what Bitcoin, Ethereum, and the hundreds if not thousands of innovations they have already spawned can do for you. Do that, and you'll be on your way. You'll be part of the greatest peaceful revolution in human history.

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I cannot see a more democratic form of value storage than cryptos. No governments or big institutions involved, just the laws of supply and demand