From Cash to Crypto ... What Comes Next
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Who wants some Bitcoin? Yeah I know you do, I really wish I bumped into 1000 BTC by mistake on some old ass computer sitting in my basement but I don't think I've got that kind of luck in my pocket.
Cryptocurrency is becoming more popular each day and yes it looks like it's here to stay. Well that's what we said about cash before the first crypto, Bitcoin was invented. So will there be a time where crypto becomes second place with a new type of money reigning.
What will that kind or type of money even look like. I've got a clue but I'm not going to say that I'm one hundred percent sure about it. However it looks like the best possible outcome.
Web 3.0 thanks to Blockchain Technology, can seamlessly blend well with cryptocurrency and Hive or other Web 3.0 platforms that incentivize blogging or online engagement. The next type of Internet is Web 3.0 and it's working well with crypto. So a way to predict the next type of money is to look at what is the next type of computer or Internet.
The reason I use that as a formula to predict the next type of money is that it seems the type of money we can have or transact with depends on the type of Internet system or computer system we can use.
What's the next computer? Quantum Computers that's the answer. What's the next internet? Web 4.0.
So these two things can easily make you understand what type of money we can have after cryptocurrency.
After crypto, the next step in our financial system as a civilization could be digital value systems based on advanced technologies like quantum computing or biometric data.
Quantum Computers and biometric data, do you know what I see? I see more security and faster transactions with even more possibilities and connectivity.
What will take an average computer 1 minute to do will take a quantum computer, split second to do the same thing. There's a race amongst the top countries like America, China and Russia to be the first to develop advanced quantum computers that can perform some very futuristic tasks and solve difficult problems.
These systems, if well developed might offer even more secure and efficient ways to manage and exchange value, possibly integrating deeply with our personal identities and everyday interactions.
That means it gets harder for fraudsters.and easier for you. I don't know what they'll call that new type of money but it'll certainly serve the same purpose of money. I doubt there'll ever be a time where money itself as a system becomes obsolete. It'll evolve but it won't die.
Posted Using InLeo Alpha