Post
Topic
Board Economics
Re: Becoming wealthy and social responsibility
by
Safebit.io
on 12/05/2018, 22:06:46 UTC
This may be a slightly cynical point of view, but things tend to be cyclical.

At any given point, you have the big players, the current "ruling elite", and the opposition.

The ruling elite, over time, tends to get greedy, bloated and slow. It always happens. And when it does, a new and young system takes over, promising to make everything better. And for a while it does, until the cycle comes full circle and the "new guys" become yet another "ruling elite".

Yes, there is hope in decentralization. But crypto and blockchain are not going to solve all the world's problems.

What makes me happy is that over long stretches of time, each new system, each new way of doing things, is better than what was before. Maybe 10x better, but 1.5x better.

 Over time (and I'm talking hundreds of years), we'll get to be in a much better place than we are today. And crypto is the way towards that. Maybe not the final stepping stone, but it is the right direction.