It’s Not the Corporations That Will Hold the Power in the Future, but Communities or Tokens

Recently I wrote an article about the gamification of the future economy.

How about the tokenization of economics? We’ll probably hear more of these terms in the future, as innovation occurs in the financial world.

Some states of the USA are already embracing these innovative ways of storing value. Most people don’t believe or understand what’s going on in the crypto world.

However, the change is here. Countries like the USA and Canada, and at a smaller pace the European Union, are trying to embrace the digitization of the entire financial system.

Central banks and governments will try to do their best to stabilize the financial system. It’s their job to do so.

Yet, a new way of looking at money and transactions have taken place. I believe in regulation, and for the stability of the financial industry, we need rules, not anarchy.

But rules made by humans, or code?

By humans, we already know what awaits us: more inequality and the gap between the rich and the poor. And from time to time, a crisis puts us all the poorest, without ground and hope.

Or, on the other hand, a cryptographic code being the simplest way to conclude contracts between two parties to exchange services.

Do we prefer the war between technological deflation and monetary inflation? Or are we all moving closer to a system that can really benefit everyone equally? All human beings in the world will have access to a system, not just the “chosen ones” from rich countries.

If the tokenization of economics wins the marathon, we’re about to witness the complete disruption of the economy as we know it.

New communities will lead the way. Unused tokens will spread the tendencies and go looking for the money.

The justest communities will win, create the best incentives, and make the world a more equal place.

Yet, even in this tokenization of the future economy, we will always need a leap of faith.

This article is for informational purposes only, it should not be considered Financial or Legal Advice. Consult a financial professional before making any major financial decisions.

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Source: https://medium.com/the-price-of-tomorrow/its-not-the-corporations-that-will-hold-the-power-in-the-future-but-communities-or-tokens-aff9dd7f55c3?source=rss——-8—————–cryptocurrency