Faith & the Reset

My belief system has nothing to do with a deity, so when I talk about faith I am not referring to divine beings or any kind of intelligent design. Now that that’s out of the way.

I am just realizing that the recent reset of my computer could be a metaphor for the reset of the (western) economy. If all goes as predicted; and there’s no chance of that… the central banks will be eliminated and the government will issue “money.”

[Disclaimer; I’m not a formally trained economist. What I’ve learned I’ve gleaned over the past three years by listening to “acknowledged experts” who are economists, money managers and perhaps analysts.]

However, the government won’t be the only entity issuing currency. Companies will be issuing crypto-currencies or tokens, to fund their ventures – which is happening now. To me, it seems like these tokens are like stock certificates. Instead of being issued by way of stock brokers via exchanges, they will be issued directly to investors and those tokens can be traded among investors.

This is my interpretation, based on what I’ve been hearing.

Essentially, and this is happening as we live and breathe, we are entering a peer-to-peer based economy.

If you’ve grown up in the hood, peer-to-peer might be a scary proposition. You know your friends can’t be trusted. There are people who still owe me money from twenty years ago. So-called business people who agreed, on a handshake, to pay for services rendered that simply didn’t come through.

Apparently… and I have no reason (yet) to doubt it, the blockchain technology takes the trust (or should I say, “mistrust”) factor out of business transactions. I don’t have any first hand experience with this other than moving cryptos from one wallet to another.

The point is when any system changes there’s a learning curve. Some of the practices we’ve gotten used to and settled in to are going to change. They may not even exist. Cash, for instance, will probably be phased out. It may take several decades, but it will probably happen.

Side note; I’ve encountered people all over the world who wear latext, or even cotton gloves because they don’t want to touch cash. They say it’s because of germs. Yet I wonder, if this was just a lie to advance the death of cash as a medium of exchange, or a fact used to advance the same agenda.

It took me what I consider a long time to adapt to doing business via my phone, and paying via PayPal. When I realized that several currencies can be stored in a PayPal account, and that it is a great way to pay for train travel in Europe, I was a bit more comfortable with it.

Likewise, I will eventually become comfortable with earning, trading, mining, or otherwise acquiring crypto-currencies and using them as a medium of exchange.

If there’s a trend that I (think I) can believe in, it’s decentralization. We have experienced this with the music industry… (although the overall quality of music has suffered, there are still a few gems out there), we are seeing it with independent book publishers, bloggers and pod-casters, and “money.”

It’s going to continue to change a lot of elements of life, living and business.

I choose to believe that Universe sent me a message through the reset of my computer, that resets happen… and instead of chucking the whole thing and bitching about it… (although I still bitched about it) I need to acquiesce, accept the change until I eventually embrace to the point that I can not only benefit from it, but helps others understand it as well.

Your comments, questions, etc. are always welcomed. They go a long way.

Namaste