Crypto Is the Best Cure in the Age of Automation

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Sometimes it's great to be able to simply seize the day. Just live in the present, and never think about what the future holds.

Life is usually beautiful for those who live in the present... up until a point, when their lack of planning for the future catches up with them.

By that time, unfortunately, it's usually too late to do anything to rectify your past mistakes or inaction.

But sometimes, a little bit of their seize-the-day mentality helps even those who plan ahead.

For example, why on Earth should I fuss about the impact of automation on the job market? I don't have a 'normal' job as we speak. I haven't had one for almost two decades.

I'm probably in the category of people who will be least affected directly from the coming disruptions on the job market due to automation.

But I care, because - unlike many of those to become directly affected, I am aware of what's coming - and, instead of seizing the day, like I should, I put myself in their shoes.

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Lucky for us to have our little big and profitable 'distractions'.

But that's just 1% of the world's population, or whatever the ratio of crypto adoption has reached by now.

I have a feeling pretty soon governments, besides corporations, will start pushing for a larger adoption of crypto. Public crypto or their own.

Why do I think so?

Covid gives us some clues that there are limits humans have when their liberties are being taken from them. The longer this goes, the higher the tensions will be.

Add to that the loss of job due to Covid in this early stage and automation soon after, and we will pretty soon have serious issues.

Cracking down on crypto under these circumstances would be a major mistake, most likely. So they don't even try to intervene (which would probably fail anyway, as we have seen in the past).

The best cure for losing jobs due to automation might be crypto. Offering the possibility to trade your time for income and then your income for wealth, it's a major, MAJOR opportunity as jobs income is lost.

Who will dare take that away from people? Who has an alternative, at least for this decade?

Can you imagine how crypto will look like at the end of the decade?

At the beginning of the previous one, we only had bitcoin, and a very fragile one at that time. And now we have thousands of coins, multiple layers, side-chains, smart contracts, defi, proof-of-brain, NFTs, all grouped in many ecosystems, some of them interconnected already.

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Yes, we are so early here. Hopefully we have chosen the right cryptos to be involved with because, if we have, the future will be so incredibly bright we really can't imagine it right now. Personally, I think we have what could end up being a cornerstone of the crypto market in Hive. If development continues (which it is) then it could be so far ahead of any "competition" by the time competitors even realize what's going on that market share will be very difficult to eat into.

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In my opinion, every ecosystem - small or big - that keeps developing, innovating and integrating with others or novelties, will have their share of success in the new world that is built. And Hive is doing all that.

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Offering the possibility to trade your time for income and then your income for wealth, it's a major, MAJOR opportunity as jobs income is lost.

A precedent has been created.

Can you imagine how crypto will look like at the end of the decade?

Absolutely not. In the past year the crypto space has evolved so much that it's almost impossible to think of how will this space look like in a decade from now.

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I have the same opinion on both points. It is hard to imagine how crypto will look by the beginning of the next bull cycle, yet again in 2030. It was more of a rhetorical question, thinking but without saying it in words that by that time crypto will be linked to so many areas and just as unstoppable as automation is.

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You see the problem is the people who face the biggest dangers aren't very technical people or in technical work. Some would say well they will learn the truckdrivers will become computer programmers. I feel like thats a very uninformed way to look at this. If crypto can help these people it would have to be made alot easier than it is now to use. These people will need income and paychecks even if they dont have the capacity to learn higher technical skills. people age 40 and older.

One big global proposal has been universal basic income for these people. The biggest people in tech advocate it..the greatest minds in the world have proposed it the last 300 years. Many have wanted to see this used. I can think of no better blockchain use than universal basic income.

The problem is although this is obvious right in front of our faces. The cryptosphere continues to deny this and instead turn to questionable bubbles like nfts and defi's that cause much alarm and draw a great deal of suspicion. Here on our local exchange Hive Engine products like Bitcoin MYK, which forks bitcoin and provides ubi.. although have gained some attention and users. It's not doing anywhere near its potential and what it should be and i believe that's because our priorities here are so far off connected to gambling and getting rich. Unfortunately this economy wont allow for us all to get rich. It's likely there will remain more poor than rich .. It's like more will not achieve economic prosperity but only a few that usually does over and over again here in crypto and outside.

So i would propose to you all to really think serious and long. In regards to the future of crypto and where our priorities should lie. In creating useful efficient systems that solve real issues we gotta deal with and not the gaming bubbling defi nft gimmicks of which they create new gimmick annually that dont go anywhere. We're on like gimmick number 7 now. Next year will be something else. I hope we get our priorities straight

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Some would say well they will learn the truckdrivers will become computer programmers.

Programmers are among the highly likely to be disrupted by AI.

I don't believe in UBI. That's another form of slavery - an extension only worse of what we have today. Replace job income with UBI, you remain dependent on these payments, while you have nothing else to do productively, because there's no job anymore.

Passive income on the other hand is different, in a way you work to build it. You have a purpose.

It doesn't all have to be popping bubbles, and I assume as crypto matures they will be fewer and fewer. I am an adept of slow growth over time and passive income, but I won't pass up opportunities when they arise either.

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