This is the finale from the previous article on Humanity's Evolution and Why Money is Involved. Continuing...

Well, what is humanity's biggest problem that money will solve?

There is no problem. Money does not and will not solve any of humanity's problems; however, money is and has always been a sort of technological tool to help humanity transition back to how human beings handled relationship problems with their agreements with one another, and the illusion of "scarcity" has something to do with it. Just like in the "ancient" days!

Stick with me for more insight into this.

And highlight this: money is....how human beings handle(d) relationship problems with their agreements with one another.

Where is Humanity today, on its timeline of evolution?

Before "money" itself could evolve, information had to first become abundant through an artificial means. This is what became the Internet, and humanity was very excited about this for a good reason! Today, money is scarce and privileged, just like information used to be. But that is a good thing! Once something is "scarce and privileged", its next step in evolution is the humanity's collective realization of abundance...the truth.

The Truth will set you free.

The Present and Future of Money

Now: in a world where information is abundant, Bitcoin is born and survives. It depends entirely on a "fully connected" society via the Internet. Bitcoin, and other distributed and consensus technologies, require an Internet Society. To mock money, Bitcoin needed to also function as fiat currency ("money") in a way that is 1) artificially scarce and 2) artificially privileged. And this is what Bitcoin did fundamentally and beautifully. People could see that the "bitcoin mining" was simply a waste of resources . . . and this is where those people began to realize that there is something fundamentally wasteful about money.

All Bitcoin experts agree: Bitcoin was too privileged. Having "bitcoin miners" be the only privileged ones became a problem, and we experienced that problem through all of the hard fork debates. Even though Dash is also designed to be scarce and privileged, Dash beautifully solved this problem by splitting the privilege into different layers. Rather than requiring technical knowledge and access to high amounts of electricity to receive privilege, such as with Bitcoin, Dash's privilege was split up into...

1. Block miners -- requirements to obtain privilege are: technical knowledge and access to electricity.
2. Masternode Owners (MNOs) -- requirements to obtain privilege are: ownership of 1000 DASH.
3. Treasury Proposal Authors -- requirements to obtain privilege are: the ability to sell MNOs on your idea and 5 DASH.

STEEM: The first form of money that is truly scarce.

STEEM can be the first form of money that is truly scarce--not artificially scarce! As for the privileged user nature, I am still inspecting and debating this. I'd like to add another thing to say that STEEM could be "Accessibly Privileged", meaning that an individual can have "privileged" use without needing a special advantage; the privilege status is accessible, unbiased, and unimportant. However, my own lack of STEEM technical expertise prevents me from bringing STEEM into this "privilege" context.

Being truly scarce is something very special that makes STEEM the next form of money for human civilization. Dash can also become the firm form of money that is truly scarce, rather than artificially scarce, with minor changes.

Recap: so what makes STEEM "actually" scarce, instead of artificially scarce?

• To acquire STEEM, the user only needs to give their individual time.

Remember, the only things that are truly scarce are:

• The individual's time ("attention" and "intention") on this Earthly realm.
• The ability to communicate, remember, and fulfill your agreement ("debt") with another living being.

Humanity then realizes that smart contracts are far more useful and valuable than they imagined...

Now a 5 part series.

For the sake of our attention span, this series became a 5 part series. Each part refers to a different concept to help readers understand the future of money. Follow me for updates! :)

~~ @robertgenito

Part 1: Fundamental Misconceptions of Money
Part 2: Money's Fundamental Problem (the Truth)
Part 3: Humanity's Evolution and Why Money is Involved
Now: Part 4 - The Money of Now and the Future
Finale: Part 5 - The Future of Money is NOT CRYPTO CURRENCY

Notice: this article's illustration was taken from Coin Telegraph, a news outlet with a reputation for UNBIASED articles ... and they manage to always have some great illustrations :) The image is taken from Evander Smart's Coin Telegraph article on how Bitcoin is changing money. You can read it here: https://cointelegraph.com/news/15-more-amazing-ways-bitcoin-changes-the-future-of-money