Disruption and revolution through cryptocurrency and blockchain

in #disruption7 years ago

Disruption and revolution through cryptocurrency and blockchain

We live in a time of great political uncertainty, and there is certainly a feeling among many that things need to change within our global society. It can also feel as if we are too insignificant to make any real changes, or to get our voices heard.

I’ve certainly felt that way in the past — too small to be able to do anything about the bigger picture.

Changing the system

While it has been possible to control my lifestyle, and choose to be in tune with my surroundings, whether that’s through environmental measures or giving to charity, it hasn’t felt possible to change bigger problems.

For many, money is at the heart of society’s problems, and I’ve certainly been on both sides of the fence. While sometimes making money has felt easy, other times have seen me facing bankruptcy. My working life has encompassed many sectors, including media, diving instruction, a real estate agent in Bali and running a dive-centre in Mexico.

And while I’ve had major successes, I’ve always been aware of the problems caused by the global economic system.

World changing

I first became aware of cryptocurrency when I heard about Bitcoin in 2012. It was immediately obvious to me that here was a truly revolutionary concept with the power to change the world, although it took until 2017 to become fully involved in the crypto world.

Back when I learned about Bitcoin, it was valued at around $15, and six years later we all know it’s soared through the roof. It may have dropped since it’s high of $19,783.06 in December last this year, but it’s still running at $7693.99 today.
Disruptive concept

Cryptocurrency sang out to me partly because of its clearly disruptive nature. Here is a way that can change the way the world economy works. This is obviously a long- term wish, and there’s many steps to take before crypto and blockchain is accepted fully into the mainstream and used as a matter of course.

Like other disruptive movements, cryptocurrency has its detractors and it’s easy to find media reports of warnings about getting involved with this new way of handling financial services.

While many see launching an ICO (Initial Coin Offering) and creating tokens as an easy way to fast money, others see the possibilities inherent in crypto as a way to make real, lasting changes to the way we live today.

Taking on establishment and traditional services that have, up till now, been the only way to do things drives my love and learning about cryptocurrency. Blockchain tech is popping up as part of revolutionary and disruptive forms of doing business across many sectors now, and I think this will continue to increase.

Using decentralised platforms to build service offerings that deliver straight to the end-user, and effectively dispense with fee-charging middlemen, will make a fairer world for everyone.

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