Blockchain: An economic system where everyone wins

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The have and have nots. This thought came into my mind this morning as I brewed my delicious elixir of energy☕️. By now everyone is aware that we don’t live in normal times. The world as it once existed is no more.

And not that it has to be a bad thing. Technology is always changing both to liberate and enhance the life of man. Yet, financial equality is something that is truly lacking in today’s world. Just look around your city and you will see the have and have nots.

It exists all over the world and yet no one blames the structure of the legacy system. I have yet to see one leader come out and speak the truth. Many point to the lack of State funding or an increase of taxation to combat poverty. Yet, none of it works.

Because if this methodology did work we would not see the issues remain. And it will still remain since debt and structure are the main culprits of this insidious system. Make no mistake about it. It is designed this way.

Putting people in income classes is the greatest illusion of the legacy system. By creating this illusion politicians and bankers can create class warfare. It also gives them income streams via business loans, mortgages, car loans, and credit cards. Good for them but bad for those who are indebted.

Yet, as the cards are stacked against the debtor relief will soon be here. Blockchain is not going away. In fact, over the next few years we should see some major development in Defi/play to earn sectors. This alone will increase the token wallets for all users.

What we should strive for as a community is an increase in wealth for all people. Wealth is good. It is greed that can prove to be harmful for any society. It is greed that causes people to steal. Or create financial mechanisms that enslave instead of liberate.

Blockchain will create an all inclusive economic system that works for everyone. Skill set is always mentioned when applying for a legacy system job. Yet, blockchain will be open for all regardless of skill set. Even for those who may be socially or mentally challenged.

We should be focused on making things as easy and fun as possible. The legacy system currently rewards those who are smart and well connected. And lets be truthful; some of the brightest minds are greatly rewarded by the system. However, the sad truth is many average people will never be consciously on their level.

But we can fix that. Tokenization of everything can give everyone a fair opportunity to fill their bags. As bags are filled wealth begins to amass for all wallets. Imagine it as an upside down pyramid where wealth flows from the bottom up.

As impossible as it may sound this process is already occurring. We are currently seeing it happen within the Hive ecosystem. Some users who started with zero are now finding a nice windfall. And the process via compounding will only accelerate.

The great equalizing moment is when all people take back their financial sovereignty. This is ultimately the final goal of blockchain. Money controlled not by any other party but by the individual.

The blockchain will then become a system where everyone wins. Not a system of have and have nots. This scarcity mindset is no longer relevant. Instead, millions of tokens will flourish all.

Debt may no longer be needed. Why borrow when your bags are filled to the hilt? Although many may choose to leverage themselves. Debt itself may no longer play a crucial role in many blockchain systems.

So in the end blockchain can potentially create a system where true financial equality can exist. A system where the people win.

Posted Using LeoFinance Beta



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5 comments
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Debt itself may no longer play a crucial role in many blockchain systems.

Would this still be the case in the crypto-lending situations? The crypto-lending platforms collateralize your crypto for fiat and then liquidate your holdings if your balance goes too low. In a way, this is debt and it will still take away your assets.

Posted Using LeoFinance Beta

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These platforms mimic margin trading systems. On the grand scheme of things they serve a purpose. However, staking and pay to earn may become the dominant capital accumulation structure for blockchain. When people realize this notion many may choose the safer alternative. Just my opinion.

Posted Using LeoFinance Beta

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Yes it is but it would have to wait till the economy accepts crypto and the fees are smaller. Right now we are in a fiat based system so it is too troublesome. But I do believe in the future when it becomes way more crypto related, then it is a possibility.

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..Dann haben WIR alles Richtig gemacht! 😎😊

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