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RE: The Cultivation of Convenience (Musing / Crypto Investing)

in #culture • 7 years ago

Nice article; I agree with your ideas concerning privacy and convenience. Facebook, Google, Amazon, etc have made fortunes out of being the middle man between end-users, product creators, and advertisers. What are your thoughts on disintermediation and how it relates to the exchange of value?

7 years ago in #culture by
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     7 years ago (edited)

    Thanks for the insightful comment. So long as people are educating themselves and approaching things with clear, open minds (rather than waiting for a consensus expert to emerge and advise them) I see great value emerging in assets that offer:

    • legality
    • privacy
    • decentralization (no intermediaries, P2P)
    • robust security technically AND economically (cannot be counterfeited, immutable/scarce)
    • convenience/efficiency/user-friendliness (it has to be fast & Mom has to be comfortable using it)

    Whatever the asset is, so long as it can check off these criteria it will be used in value exchange transactions small & large, mundane & exciting. While I think this will take quite some time to develop, if I had to only make one bet in all of the crypto space I would place my bet on privacy.

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