P2P
Lets fast track ourselves to 2050. A new world where imagine we as citizens are not ruled by a Government but our intuition. Who sets the policies? Would our inner guiding light be sufficient to lead a peaceful life? Isn't it a fantasy? Maybe not. Do you actually need a regulatory body to abide to?
Bitcoins and other crypto currencies are a perfect example to what I intend to say. Who needs a regulatory body when you can trust your own community of miners? After all the regulatory bodies do is bring in the same trust among them.
We as human beings are becoming individualistic, so much that we may depend on systems rather than other individuals in the near future. A day is not far when those machines or systems guide us (or rather rule us) instead of the Government. Don't you see the glimpse of it already with miners and video gamers winning more trust among themselves rather than a regulatory body?
By the way P2P stands for Peer-to-Peer...its the way Bitcoins are mined today. Do you need Banks if you can trust your peer for lending or buying using crypto currencies? Isn't the trust between two humans suffice?
The world is changing for sure...hopefully for the better.
Bitcoins and other crypto currencies are a perfect example to what I intend to say. Who needs a regulatory body when you can trust your own community of miners? After all the regulatory bodies do is bring in the same trust among them.
We as human beings are becoming individualistic, so much that we may depend on systems rather than other individuals in the near future. A day is not far when those machines or systems guide us (or rather rule us) instead of the Government. Don't you see the glimpse of it already with miners and video gamers winning more trust among themselves rather than a regulatory body?
By the way P2P stands for Peer-to-Peer...its the way Bitcoins are mined today. Do you need Banks if you can trust your peer for lending or buying using crypto currencies? Isn't the trust between two humans suffice?
The world is changing for sure...hopefully for the better.
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