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RE: The Micro & Macro of Cryptocurrencies/Assets

in #steem6 years ago

Always nice to listen to your journey! The spirits get rekindled with your words. When you were giving the example of Kenya reaching 90% mobile I had a "wow" moment. Even though I had though before about how developing countries will/are skipping many "middle ground steps" like more developed countries went through (lets say for example cable internet) and going straight to modern standards (in this example mobile, and 5G is around the corner), I had only focused on infrastructure. But now I realized that the developing economy can completely bypass the traditional banking systems and start existing directly on blockchains! What a nice time to be living in :) I might have missed the landing on the Moon but I will be equally excited to see decentralization take over. Cheers!

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The unbanks will forever stay unbanked because banks will no longer need to be built! :) Each cellphone can act as a bank, thus Kenya is in the lead when it comes to e-commerce. What a time indeed.

Read about how people in India leapfrogged over : broadband>wireless 2G> laptops > palm tops...directly to 3G/4G androids and now everyone(almost) has a mini pc in their pockets...economy of scale ( i think).

Reminds me of that Bob Dylan song "And the first one now
Will later be last
For the times they are a-changin'."

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