Steve Jobs once said:
"Every point in life will eventually connect into a line."
Blockchain technology is a deep field that integrates technology, science, philosophy, politics, economy, and religion.
No need to "trust" from trust
Trust is the basic element of human collaboration and networking. In the past, we usually depended on third parties such as pastors, Gods, churches, and kings to maintain trust. If two people have a dispute, these trust providers will resolve the dispute. But over time, these trust providers became slow, corrupt, unfair, and expensive, and became the rulers of the masses. At every stage of human evolution, new trust providers will appear. In modern times, democratically elected governments, bureaucrats, judges, police, bankers, etc. are all trust providers and rulers of modern society.
The Internet era has also created hundreds of new trust providers, such as Taobao, Didi, Facebook, Alipay, etc., and they will connect the two who do not trust each other. Didi appeared when the driver and the passengers did not trust each other. When buyers and sellers do not trust each other, Taobao will step in. They became Internet giants. But like the trust providers in ancient times, these Internet trust providers began to show disrespect for their customers. Due to the formation of an oligopoly, users have no other options for the time being.
Bitcoin, a pioneering decentralized system, successfully eliminated third parties. This allows two or more anonymous individuals to exchange value without any trust providers. We call it "trustless in design mechanism", and this is the first system with "social scalability". In the future, through blockchain technology, everyone can instantly trust each other under anonymity.
Unlimited expansion of trading scope and objects
In ancient times, we could only exchange goods with people around us. Later, with the advent of currency, the scope of transactions expanded to time, land, services, and so on. The emergence of current stocks, bonds and other transactions are breakthroughs in human evolution.
With the advent of cryptocurrency, we will be able to trade many things that were unimaginable before, without any political, geographic, and economic restrictions. For example, people will start to generate, distribute, and consume electricity in a peer-to-peer network. We can trade anything of value. The convenience provided by millions of tokens makes it possible for anyone to perform transactions anywhere 24X7 without interruption. There are already some projects that can be used for data, commodities and other transactions. With the gradual maturity of blockchain technology, when millions of tokens can be maturely traded, the global GDP will be several times the current value.
In fact, when we look back at the industrial revolution or technological change, we all faced denial, questioning and ridicule at the beginning of the revolution. Steam engines, cars, trains, airplanes, mobile phones, computers, and the Internet all faced very similar experiences. Bitcoin and blockchain are no exception.
However, most people have to go through the process of invisible, despised, unintelligible, and unable to keep up with new things. Only by constantly learning and accepting new things with an inclusive attitude can they avoid prejudice.
Finally, the article ends with a sentence from William Gibson.
——未来已来，只是尚未流行。