The Future is Here, it's just not Evenly Distributed

futuresprotocol

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Quote from: GShock on May 28, 2018, 03:13:47 PM

I would like to think about this in this way. Block-chain technology is a very important step towards productive future and wealthy way of living, but it is not final one. There for sure will be better and improve technologies that we will be able to rely on.

Yes, and Futures Protocol is a big part of that Future.

GShock

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I would like to think about this in this way. Block-chain technology is a very important step towards productive future and wealthy way of living, but it is not final one. There for sure will be better and improve technologies that we will be able to rely on.

futuresprotocol

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From my perspective, distribution involves really two points of entry and exit. One is where the distribution model is pushing the currency into the marketplace. The second has the marketplace pulling the cryptocurrency into it. The latter channel is the preferable choice as it involves a fraction of the capital intensity that having your idea pushed into the marketplace entails.

In my considered opinion, this is about fungibility, utility, and transparency. The more high-quality products, services and tasks the token is used for, the more likely you are to achieve scaled network effect on an exponential trajectory.

I concur with the observation without reservation that the major pieces or ‘bricks’, if you will, are already in place; thus, no need to reinvent the wheel, however, certainly in need of re-thinking. Truth is, technology is running so far out ahead of us now that few really can begin to design a fin-tech solution before it has been rendered obsolete by the latest half-dozen breakthroughs and bright ideas and the foundation of that solution is principle-centricity. Without it, it can’t mimic nature and will eventually win a Darwinian award. Annnnnd…there gone!

panurgos

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I agree with you. Future is here, better: the most important bricks are already here, but some are missing to build a complete ecosphere that includes cryptoassets, media of exchange, units of account and distributed asset reserves to regulate the ecosystem. Dual ledger ecosystems with reference baskets and the best possible external cryptoasset as reserve is the way IMO.
We need sort of decentralized, distributed, reserve asset banks that by immutable contracts/algo/protocols regulating the reserve actions, would allow true, distributed consensus, crypto-stablecoins, to finally be created and succeed, for real life usage and not only as "safe" speculative exits while your investment value dumps.....that's the main function of the various fiat pedged "stable" coins, actually.

chocochild

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Yes it is since starters already earned big than the new comers you can easily say its pretty much unfair. Never the less the future is on the grasp of our hands.

Razick

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It is true and this is what was said of bitcoin about it not being evenly distributed and this is the reason why we need altcoins because they help to fill in the gaps and cracks that bitcoin left and they help to rectify the supply problem that bitcoin has. We are heading into better days and there is no doubt cryptos will be more evenly distributed than it was in the past.

futuresprotocol

newbie

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Mind Map of Proposed Futures Protocol Cryptocurrency EcoSystem

http://futuresprotocol.org/assets/images/section/GDP_Driven_Ecosystem.jpg

futuresprotocol

newbie

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Appreciate the input and guidance.

Will work to keep the subjects interesting enough for collaboration. Believe upon closer examination, Futures Protocol is more substantial than it may appear on the surface. However, I certainly realize, with the deluge of "me-too" shit coins, or "why-not-us" tokens, it will be difficult even for a serious community project to have a fair hearing.

Thanks again

futuresprotocol

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Agreed,

Notwithstanding their Revolutionary Potential, Existing Blockchain Protocols and Monetary Eco-Systems lack the Qualities Required to Create Ubiquitous, High-Value Mass-Market Utility in the Socio-Political Space or, Domestic and International Commerce.

Although Bitcoin, Ethereum, et al., may be Directionally and Conceptually Correct, they are far from being Complete Monetary Eco-System Solutions.

cryptorTUX

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If you think that many people compare the current position of crypto with the Internet back in 2000 year, then if this is true we can surley see how far ahead are we in this game. Cryptocurrency is here to stay and we can't deny that fact as it is decentralized it will stay alive, the bigger problem is if we will use it as safe assets or some speculation instead of actually using it. Just look at the current situation, of course that there is many innovation in the space and much money being thrown away but stable price is the must for crypto to be used as medium if exchange. In future our money will be digit, even now good chunk of it is digital with banks, why don't trust decentralized protocols than trust these banks.

futuresprotocol

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Agreed, however that would require a posting of much greater length than I think appropriate for a thread like this.
Perhaps a few paragraphs here and there, if interest in the thread grows.

It may be best to begin a discussion by outlining key attributes necessary for the creation and maintenance of a
cryptocurrency-driven ecosystem.

I will kickstart it...

A True 'Capital Currency' Should Never Experience Significant Volatility, a True 'Capital Currency' (digital, paper or crypto) Should Always Produce a Dividend. System should Effectively Govern for Stability, Resiliency and Appreciation. Creating a True Capital Currency of the Gold-Standard Class.

A GDP-Driven Monetary Eco-System, Driving Transparent Value/ Price Discovery and Appreciable Demand. Hallmarks of a Trustless, Valued and Secure Method of Exchange.

The Monetary Eco-System must be Trustless, Decentralized, Anonymized and 'Secured' by Validated Eco-System GDP. Driving Rate of Adoption, Fungibility, Network Services, Exchange and Utility Values.

A Cryptocurrency Ecosystem or Cryptosphere Capable of Meeting the Needs of Hundreds of Millions of Consumers, Traders and Trans-Actors on a Truly Global Scale.

What say ye?

labake

member

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Kindly elaborate this your text. As a matter of fact, I can’t say you are totally wrong but I will like you to get me convince with enough reasons and factors which would make that real please. BItcoin is still the father of crypto and would remain no matter what. #justmyopinion

futuresprotocol

newbie

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A Complete Fin-Tech Solution in combination with an Authentic Trustless
Capital Currency of the 'Gold with a yield Class'. GDP Driven Eco-System
Liquidity and Annual Growth in Eco-System GDP, General Utility and Fungibility.

Ayobami99

copper member

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The wonders of the blockchain technology

Are you totally sure about that? Well you may be partly correct but the likes of bitcoin and etherium which are market disruptors cannot be overlooked. But there is always room for more groundbreaking market disrupting cryptos, you'd better watchout😉😉😉

futuresprotocol

newbie

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The Monetary Eco-Systems and Cryptocurrencies that will Ultimately Succeed,
Have Not Been Visioneered, Engineered and Brought to Market, Yet...

Topic: The Future is Here, it's just not Evenly Distributed (Read 184 times)