If World War Three occurs, digital currency will have zero value due to destruction of the Internet Of course the Pentagon may have hardened internal connections that would survive in some upgraded form of DARPANET. Maybe the military-industrial complex will have their own Pentagon digital currency, I believe that at some point when trillions are invested in digital currency some evil genius will find a way to wipe it out- perhaps via e.m.g pulses globally, and bet futures on regular currencies short selling all the digital.
The next war will bring people to have no electricity or internet. There are already a zillion satellites and technology to end telecommunications. Only war hardened networks like the original DARPANET would stand much of a chance of survival, at least until hit by nuclear weapons. There are other advances possible. I am sure that someday quantum teleportation of entangled particles that can develop after quantum computers are built in orbit a square mile in size so they have superconduction and don't need cooling- which is the main limit to their size- someone will discover a way to enter located net facilities and redistribute the wealth of encrypted digital currencies or at least destroy them with some kind of directed energy quantum entanglement/quantum tunneling invasion.
It sounds like science fiction and yet real scientists already exist in a science fiction like world since they are far advanced beyond the knowledge of average people. I graduated as a programmer and systems analyst 45 years ago from a tech school and never worked in the field; preferring a philosophical and Christian life course yet still consider the field with detachment and awareness that every mathematical puzzle can be solved by someone eventually- including quantum computers of the future. Consider the financial incentive of people to learn to infiltrate and affect the wealth of digital currencies via destruction or theft. Money is the prime worldly motivator second possibly only to life and health of oneself and important others.
I am not too concerned about it really. I am poor and can finish life that way without much concern. I also have a philosophical reservation about capitalism. Capital increases faster than wages you know so wealth always over-concentrates and people become oppressed by a tiny minority that own 95 percent of everything. I believe the wealthy should be taxed enough that they cannot concentrate wealth- just earn the wealth they can use in their own lifetime, and have the maximum amount of wealth capped at a certain percent of the total value of the national economy so they don't have so much political power. I support free enterprise, yet capitalism needs limits so it doesn't repress competition even in business.
I hate the idea of people not working and just collecting rents and capital gains with fairly easy investments that make working a farce- especially the wealth of illegal drug sales. It is exceedingly corrupting. In a way the capital investment market needs to be like a Ponzi scheme itself at some point when A.I. can guide everyone’s investments. That sort of natural selection is a crazy way to choose to build actual businesses in the real world.
The present economy is the one that brought every American to have a teaspoon of microplastics in their brains. I am for progress and invention yet regard the present economic structure as maladapted and obsolete in regard to its fundamental structure being an inherited growth of classical economics that is not rational in regard to environmental and demographic elements. I don't believe market forces substitute for rational, critical political design and political economy that works for everyone. 😀
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