The next stage of the web, is using programmable money to create and sustain
distributed systems, like the ethereum smart-contract system. Crypto allows us to build
utilities on the web, that can pay for their own continuance through cryptocurrency.
Fixed value currency changes how we use it. There will not be anymore bitcoins
printed, which changes the way they are spent in the marketplace.
We recreated the scarcity of rare gems and metals, while giving them a verifiable limit
that cannot be counterfeited, or inflated by printing more ad infinitum.
Crypto has removed the concept of trust away from authorized people and
organizations to the solid principles of mathematics and decentralized consensus.
This creates a true market.
A market that is not held captive to the borders of physical money and its limitations.
A true market, that allows buyers and sellers to transfer value to whatever is valuable
and whoever provides the best service, in a trustless and secure way.
Incentives can be tied to data-backed metrics and distributed globally on the basis of
performance, instead of personal bias, or nepotism.
Removing money from the sole arbitration of human beings frees us from the
limitations of our own perceptions and projections of other people, cultures, countries
and beliefs.