A New trend - Tokenization is future - Yes rich gets richer BUT without poor gets poorer

in #cryptocurrency7 years ago

Imagine this :
When walking with your smartphone, every step will transform into a token of value.
After every calorie burn at the gym, the government will pay you with a token for staying healthy.
Everything you already do online will transform into a token.
You chat/upload photos/share stories in a platform and you get paid.

So you do what you like and for that you get paid. Is this economically possible? Let's assume Facebook (FB) has its token listed in any crypto exchange.
So today you upload/share photos/stories/information of any kind in FACEBOOK and you feel good. Tomorrow you will also get paid...oops really? Yes its already there like steamit but how Facebook will pay you out of thin air, what they will get? Well they will pay you digital token say FACEBOOK Token. Does it cost to Facebook? Not really much very close to zero apart from cost of token creation/generation and maintenance. So they can afford to pay through token.
But how it will help you? Well this token is listed in crypto currency world and so anyone can go and sell this earned token and get FIAT.

So image FIAT generate out of thin air. FB pays you token which has no value otherwise had it not been traded in crypto world in any exchange. So FB token has value only because its listed and people trading. Why people will trade and desire to buy this token - well because of name and brand of Facebook. They know Facebook will pull it through and with so many billions of users using it demand for token will go up only. So buy now. So this will facilitate for market makers to come and buy and then followed by real users. So FB can create fiat for us from a digital token only because of its brand name, reach and faith.

So its a win win situation - FB can provide a token without really big cost. Retail can earn fiat money just doing what they do best - timepass. Both FB and retail will get richer. Retail through fiats and FB through value of its token touching sky like its share price (answer to why FB will do it) - Yes rich gets richer BUT without poor gets poorer. Infact poor gets richer too atleast in theory.
Share market is game of zero OR ZERO SUM GAME (one party has to loose for other party to win). Crypto world is not!! Token theory will change the way we live and strive daily - will it create a better world.

Let me know your thought process. Please add up on this as its just fresh from my morning brain juice. And please don't forget to like :)

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