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 5 years ago 

I don't know. I really think an upheaval and massive change is right around the corner, and it both terrifies and excites me. I do think, from an economic perspective, that capitalism works great until it becomes "too big to fail," which is where we're at now. I have similar beliefs for socialism; in small neighbourhoods it's great, but on large scales it fails. On small scales, both capitalism and socialism give more power to the common person. On large scales it becomes more centralised with either big business or government.

I have a lot of concerns about crypto replacing fiat, not because I'm a proponent of fiat, but because crypto isn't yet "stable" (look at the massive price fluctuations we've seen as compared to traditional fiat). I think if any crypto is going to be a replacement it will need to be a POS or DPOS crypto like Steem or Dash, not a POW crypto like Bitcoin. POS systems are more democratic.

I really think an upheaval and massive change is right around the corner, and it both terrifies and excites me.

Sounds good, bring it on!

capitalism works great until it becomes "too big to fail," which is where we're at now. I have similar beliefs for socialism; in small neighbourhoods it's great, but on large scales it fails.

Perhaps the lesson is that we can achieve greater organization if we work in the smaller scale.

I think if any crypto is going to be a replacement it will need to be a POS or DPOS crypto like Steem or Dash, not a POW crypto like Bitcoin.

Agree 100% with you.

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