Community post
Bitcoin embassy is your future (or something like that)
One of the most overboard slogans about Bitcoin: Bitcoin is your and your children's future, a mural on the read wall of a so-called Bitcoin embassy (that is a Bitcoin exchange business).
Another one, Bitcoin is freedom. Compared to the other feels almost not overblown. Both murals seem to have been there at least since 2014, don't know exactly since when, but I still remember a time when Bitcoin fanboys expected it to destroy existing monetary systems in a few years.
Now these dreams are over, and although Bitcoin is not going anywhere, it's no longer Bitcoin that is expected to bring a revolution. Which is perhaps good, anarcho-capitalist revolution is not exactly what I'd like to live through.
(images from: Senya, Sergey Little)
Replies (6)
Keep your are coming!
Upvoted because of your last sentence!
Why would dreams be over? Revolution has just started and it is not going to be anarcho-capitalist by any means :)
Dreams of destroying existing monetary systems in a few years are over because it simply is not happening. Neither is Bitcoin bringing revolution and if any has started (I really hope not an anarcho-capitalist one, but which one then?) I fail to notice.
So, what are you trying to say igorterleg? That we are not going to see revolution at all, or that we eventually will, but that it is not going to be a revolution, since it lasts more than a few years? In both cases I can't share your disappointment.
I think that existing monetary system is doomed, and we only need some more time for the building of cryptocurrency infrastructure and a rise of mankind confidence in them, which is inevitable. I may use your doubt for a post which would have counterarguments.
As for the question "which revolution", I'm already posting texts of distinguished scientist Ljubodrag Simonovic (PhD in philosophy and MA degree in law). In his latest book "The Last Revolution" he states a firm case that this revolution must be destruction of capitalism, and not reinventing it through some new phrase. He has given me a permission to post his book chapter by chapter, so you will have a chance to see his vision of the future revolution, and the new world which is, naturally, shockingly different from the "values" of the current corporative-capitalist matrix.
Here is a link to the first chapter: https://steemit.com/politics/@lighteye/the-last-revolution-part-1
Perhaps, although I hear of this imminent doom for too long to still treat it seriously. But then, everything ends someday, and so will this monetary system.
Is this some more time 10 years? 100 years? More?
I see this infrastructure adopted by the existing monetary system, not replacing it.
I hope so, but it remains to be seen whether he's right.
Thanks, I followed you because of this book :)