My Thoughts On How Crypto Currencies Will Bring World Peace ... Eventually

in cryptocurrency •  7 years ago 

Hi all,

I follow a few people on youtube that have really changed the way I see things and understand things in the world. It's hard for a caged mouse to know there is anything else out there until the mouse actually explores the wild. The problem is that the mouse can't explore because all the other mice are stuck in the same cage as him and think the same way as him/her. As such, people around the world become part of the rat race to make money, although they dont realize that the money they make is all fake. They dont realize they have all been put into an imaginary cage where they are controlled by the government to pay taxes, how to think, and how to act via social media,school and television. As such, it is really difficult for people to realize theres more outside of this cage than meets the eye. There is a lot more.

So why would an mice start a war with other mice in another cage if all the mice are happy where they live. Well, in the little mice world, the mice actually trade and exchange goods, such as food and technology and other resources. Now, if the means for exchange are money and each country controls their own money then, what's stoping one country (cage) to print unlimited money and be wealthy? Nothing really, especially if nobody finds out. The only thing that could happen is that another cage can realize the counterfeit money and begin not accepting the currency or devaluing it.

That's where i think world war begins. Immediately when one country decides to devalue another countries currency or in another perspective, another country prints fake money to buy things, then there is a major dispute. The goods that a country needs may not be affordable anymore because the other country would be charging too much. In reality the other country is not overcharging, the country is actually charging face value for the currency in question is not backed by anything. So it can be worthless or very powerful depending on social perception and a means to transact. In that sense, it becomes more clear how if there was a decentralized currency where both cages, in the hypothetical world example of mice, knew what the other had, then there would never be any arguments or problems, as it would be clear to all that there is no-one creating new coins, because that's impossible. As such, the world will be happy because their currencies will almost never inflate, they will only increase in value until it becomes clear that any money spent will never come back unless you can provide some kind of unique service that people will pay for. Same goes with government spending and governments in general.

We live in a very promising future, that I believe will bring world peace, pretty soon relatively to the world with the innovation of blockchain technology which lets all he parties know who has what all the time. World Peace Here we come.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @feliksleybovich! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

SteemitBoard - Witness Update
Vote for @Steemitboard as a witness to get one more award and increased upvotes!