Life after fiat currencies crash

 

With the rise of reliability of cryptocurrency, the world is really switching to it. Although the governments hate decentralized payments, they can't even put an end to it, and it will keep going more popular everyday.

I composed this post to discuss what would happen during the coming 10 years.

Questions to think of:

• Will the fiat currencies be obselete in the near future?
• If fiat currencies crash, what will happen to the nations around the world?
• Will you prefer to accept your salary in a cryptocurrency?
• What will happen to those who control the world? such as Rothschield and other rich controllers?
• If everything will change, do we excpect to have a new world? a good or bad new world?

People are having more faith in blockchain than ever before. Even those who have no idea about how the technology works, they are following the trend. If there will be a next boom technology for Web3 based apps, people will start to abondon standard payment systems by time. I think this will lead to a huge depression caused by the fall of big companies. But hopefully, we will see the rise of new blockchain companies who will compensate the losses and allow better wealth distribution.

Speaking of which, do you think Steemit is very capitalistic? you will only have value if you own Steem Power. So we are back again to people who will control the whole new blockchain? Do you think it is a fair wealth ditribution?

I have no answers for the questions. I'm just wondering about how will the new world look like in 10 or 15 years.

I wish that it will be better for the poor and full of peace and goodness.