Truly, it has been said that we should create the future we want to see. In order words, if you want tomorrow to be great, then start working on it today.
That is how the software industry has developed and transformed from one forms to another until we now have the powerful software that support bitcoin, which are; Blockchain, Cryptography and Internet.
Here are what I’m thinking. The future is not far from us in software technological breakthrough.
1.The future of work is Contributor and not employee.
2.The future of platforms, systems and institutions is decentralization and not centralization.
3.The future of contract is smart contract and not trust contract.
4.The future of money is crypto and not fiat.
In your own opinion, what will be the impact of this revolution to ;
1.The governments.
2.To business.
3.To Individuals.
4.To World bodies such as IMF, UN, WTO etc
First thing, the government and the big companies will never favour decentralization , this is how they earn money and dominance in the first place , do you think they will give it up ?
The government will for sure take any precautions they can if they see Bitcoins and other cryptocurrencies being too famous .
It's not about it's applications and what's better , it's about : will they allow it ?
How they can allow it :
I do think in democratic countries we already have laws concerned with privacy and free will , maybe we can turn up to the government and remind them that they work for us not the other way around and make sure cryptocurrencies are given freedom of existing at least.
Plus government and the business companies are actually seeing these cryptocurrencies as a form of money making scheme at the same time the network provides 100% transparency , so they are forming a long term scheme named : digital dollar , digital rupee , digital yuan and stuff like that .
These are not cryptocurrencies these are Fiat.
But cryptocurrencies is a revolution , the government have realized this by now therefore I do think we will see more financial freedom , more stability , better facilities and more options in the coming future.