Now that Bitcoin has passed the $2000 mark I have people from all over the world reaching out to me through Facebook asking me about Bitcoin for personal use, for business use, and for the future. While many people are talking about whether Bitcoin will reach $10,000 I want to take a look at what the future will be because of bitcoin and cryptocurrency.
While most of us are familiar with the basics of Bitcoin and the anarchist politics of many of it's supporters, many people aren't sure what is actually going to happen. Many talk of doomsday scenarios involving an internet kill-switch, other talk of a block-chain internet. I want to talk about freedom, because in the end doomsday is just one day, and like a Justin Bieber concert, it just isn't something most people care about.
Imagine that you never had to think about money, instead you just did whatever you wanted to do. Wherever you went there was no cashier or other person barring your entrance, exit, or participation and demanding "payment". This is the future of the world with crypto currencies. You see, a man or woman will have a phone or other electronic device that connects them to the internet just like they do now, and like now they will be tracked and monitored by their device and the data will be analyzed. Unlike now there will be computations of value for each and every action a person engages in, and the actions of all people will be taken into account and act as variables in each others' equations.
You see, Tom will have his daily life - an accommodation he stays at, friends he hangs out with, tasks he's good at performing, and so on. When tom engages in his tasks the value will be accounted for by the system and when tom orders an orange juice down the street the cost will also be accounted for by the system. It will be a perfect flow of value and exchange and the algorithms will be so advanced that if Tom decides he wants to learn to sky dive the system will be able to scavenge the entire network to come up with the resources. While the system does all this Tom merely goes about his life doing the things he likes to do. It may seem impossible, but then remember that you are reading this on steemit. It's not impossible, it's already in it's fetal stage of development - it's just incredibly complex and no one is ever going to understand it in it's entirety.
I don't know how this will happen, I don't know the details regarding the system's construction or it's algorithms. I only know that this will happen. I don't know how I know, I just know - it's the same sense that guides me in the creation of businesses and music. It would be wise of you to figure out your part in building this future - write books, write articles, make movies, speculate, have drunken conversations about it, piss all over the idea in public, be an internet troll about it - all these things have value!