- We don't need to market revolutionary technology.
- We have no idea what kind of dapps are going to be created.
- Projection onto the old paradigm is not the answer.
We couldn't imagine most of the tech that came out of the Internet because it couldn't exist before its inception.
The industrial revolution didn't just change our ability to tell time. It changed our very understanding of what time was.
The concept of a minute wasn't something you couldn't measure, it was something you couldn't fathom. What happens when we do that to money? We don't know. We will never know until it happens.
The Halo Effect (projection) is a trap that keeps our imagination in the past. Decentralization will allow ownership to stop being a privilege of the elite. Andreas even points to the idea that soon™ AI will be able to own things and interact with the economy autonomously.
With eerie foreshadowing, he speaks of money being broken down into time streams and existing in waves pulsing throughout the Internet. Value will exist on frequency spectrums previously never even imagined, let alone thought impossible.
How many video games out there exist that are owned by the players? Zero. How many individual people personally own and control their own currency? Zero. How many of us can insure ourselves against unfortunate events without the help of a licensed business? Zero. All of this artificial scarcity, lack of ownership, and regulation as we know it is going to be flipped on its ear.
Steem is a top 100 cryptocurrency. This is quite significant in the face of 2000+ and it will be even more so in the face of 20,000+ and beyond. The big fish doesn't eat the small fish. This is a school.
Return from Mainstream Adoption and the Elusive "Killer-Dapp" to edicted's Web3 Blog
