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Topic: [2016-08-06] The Theory of a Blockchain Circular Economy (Read 300 times)

sr. member
Activity: 252
Merit: 250
 Of course, some companies will try to abuse this system, but others that have thought carefully about its mechanics and operations will benefit and enable their users to also partake in their success via the sharing of network equity.
legendary
Activity: 2310
Merit: 1422
The blockchain hype is rising and everyone is try to leveraging this supposedly new tech.


We are in the early stages of a new chapter in the nature of work. The blockchain will enable us to do our jobs and be compensated inside new circular economies that have their own currency units and their own work units.
This, I believe, is one of the greatest themes to emerge from blockchain technology.
Most work today is compensated via bilateral agreements between a worker and an employer according to a simple contract: you work in X job, and we will compensate you in Y currency.
But what if we had greater autonomy over how we choose our own work? With more control, we would then be able to perform new types of tasks that may or may not resemble what is traditionally considered labor, and earn cryptocurrency instead of fiat currency.

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http://www.coindesk.com/the-theory-of-a-blockchain-circular-economy-and-the-future-of-work/
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