2022 is a year of stablecoins crush. CBDCs are coming.
The biggest strategic mistake is to implement thousands years old concept of coins in a digital format.
It is generally spoken that money performs this functions:
- medium of exchange // a lot of space for innovations based on digital tech
- store of value // bad thing, ’cause of inflation, etc., money should work
- unit of account // value of goods and services changes over time
Money should be reinvented according to new challenges and reality of digital world
Many more digital assets is great. Except scam, shit coins, ponzi schemens, etc.
Some well known examples: tickets, miles, loyalty points, bonuses, etc. Any business or person can use/create any kind of programmable digital assets. It can be used in any life/business processes. Diverse economy, no one asset or coin to fit all cases.
Your value is not just what you are made of, but above all, in what ways you can make the best of who you are!
This is an iron bar. The value is around $100.
If you decide to make horseshoes, its value would increase to $250.
If, instead, you decided to make sewing needles, the value would increase to about $70,000.
If you decided to produce watch springs, the value would increase to about $6 million.
Your value is not just what you are made of, but above all, in what ways you can make the best of who you are!
Quite simple, isn’t it?
