LiberLion on Nostr: When institutions participate and invest in a blockchain it’s not cryptoeconomy, ...
When institutions participate and invest in a blockchain it’s not cryptoeconomy, it’s crypto industry.
The Birth Of Cryptoeconomics
Cryptoeconomy is p2p for people’s individual sovereignty.
First you have to understand what it’s all about, and then read the history. My article: ‘The Basics of Cryptoeconomics. Its History and Origin.’
Is it decentralized? Is it open source? These are the two basic questions that any crypto ecosystem with blockchain technology must have to be considered a cryptoeconomy.
The cryptoeconomy is an area of economic sciences that tries to solve the coordination problems of participants in digital ecosystems, through cryptographic and economic incentives. The economy was taken to the digital world, and executed in networks, mostly with blockchain technology, with cryptographic codes for its security and reliability, decentralizing the production of information, and in a Peer to Peer (P2P) manner, avoiding intermediaries.
The cryptoeconomy is a global nomad. Trade without borders.
I am not a seer, but the global scenario is at a limit. I believe there will be a recession, soon, wars will escalate and contribute to the collapse of many economies.
Cryptocurrencies will suffer big losses in their price, by ‘flight to quality’ and many Blockchain ecosystems will collapse. Then some Cryptocurrencies will recover their price due to the utility they provide in destroyed economies.
The era of the Cryptoeconomy will begin.
The need for people and the evolution of Blockchain technology will encourage its use. Governments will attack with strong regulations to the Cryptoeconomy because they will want to control it, they cannot afford to lose power. Some Blockchain systems will be successfully regulated and some will not, others will fall, and disappear. Think about which ones will be easily regulated and will continue to operate, of course, as the government wants them to.
That’s why Monero , privacy and fungibility.
The Birth Of Cryptoeconomics
Cryptoeconomy is p2p for people’s individual sovereignty.
First you have to understand what it’s all about, and then read the history. My article: ‘The Basics of Cryptoeconomics. Its History and Origin.’
Is it decentralized? Is it open source? These are the two basic questions that any crypto ecosystem with blockchain technology must have to be considered a cryptoeconomy.
The cryptoeconomy is an area of economic sciences that tries to solve the coordination problems of participants in digital ecosystems, through cryptographic and economic incentives. The economy was taken to the digital world, and executed in networks, mostly with blockchain technology, with cryptographic codes for its security and reliability, decentralizing the production of information, and in a Peer to Peer (P2P) manner, avoiding intermediaries.
The cryptoeconomy is a global nomad. Trade without borders.
I am not a seer, but the global scenario is at a limit. I believe there will be a recession, soon, wars will escalate and contribute to the collapse of many economies.
Cryptocurrencies will suffer big losses in their price, by ‘flight to quality’ and many Blockchain ecosystems will collapse. Then some Cryptocurrencies will recover their price due to the utility they provide in destroyed economies.
The era of the Cryptoeconomy will begin.
The need for people and the evolution of Blockchain technology will encourage its use. Governments will attack with strong regulations to the Cryptoeconomy because they will want to control it, they cannot afford to lose power. Some Blockchain systems will be successfully regulated and some will not, others will fall, and disappear. Think about which ones will be easily regulated and will continue to operate, of course, as the government wants them to.
That’s why Monero , privacy and fungibility.