EVA WAS EERST Blockchain - globalization- cryptocurrencies





Blockchain and globalization



Mathematicians and computer experts are working on a new era of global payment. The technology is based on 'The Blockchain'. We cannot write about it much because we only understand the basics. We think cryptocurrencies are like paper money. In fact paper money has no more value than the value of the paper. It's the value given by authorities that make them a powerful and stable tool. But why do cryptocurrencies have value? It must have to do with supply and demand. But as long as the government does not give any guaranty to them, cryptocurrencies remain just a pipe dream. So we think -conspiracy minded as we are- that behind the 'making' and 'marketing' of blockchain and cryptocurrencies hide our real leaders.


Will cryptocurrencies become the new banknote? We are not sure. Not before they are backed by the world authorities.


Today there are still a lot of issues to overcome before the new era can start. But it's not impsossible that Bitcoin and co will -sooner or later- shock the world and give globalisation a boost never seen before in history.



Fact is: Just like the internet, the blockchain technology will speed up globalization.



By the way, we think gold will always be important. Think about the gods and their attachment to gold ... but as a currency agent it doen't help globalsation. Cryptocurrencies do ... Moreover, we think the gods were mathematicians. And Bitcoin is the currency built with mathematics ...


Update: October 2017