RE: Why Everything You Know About Investing In Crypto Is Wrong

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Why Everything You Know About Investing In Crypto Is Wrong

in crypto •  7 years ago 

Personally, I hope all currency economic systems crash/fail/end. It's time for a non currency economic system. Perhaps Resource Based Economy? Something that has NEVER been done at a global scale because it does not allow for self interest profiting.

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We all need to be hopeful@faithwhite

blockchain is not a currency, it is a distributed ledger technology. it could be used to deploy a resource based economy, whatever that means.

As long as it does not turn towards what we have today. Wall Street is already trying to get hands into Bitcoin. With that aside, if we can keep the advancing technology of things and IoT out of the hands of the ones holding tight to this currently corrupt monetary system, they perhaps. RBE is an economy based off of resources and distributed like if you were to check out a book at the library for things desired. Instead of consumerism and ownership, we have usership or share programs. If you've never read or watched any words of Jacque Fresco (termed the meaning RBE) might I suggest a quick search on him?