A short view into the future: How blockchains will change our lives.

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A short view into the future: How blockchains will change our lives.

Most people here still don't realize how blockchain will fundamentally change how we live our lives.

We argue whether we are early or late. I believe both are right. In terms of cryptocurrencies, we're not really early, but we're also not late. In terms of blockchain integration into into our lives, we are super early. And that's much more exciting than cryptocurrencies.

We haven't even begun to scratch the surface. In 30 years from now, young teenagers won't be able to even comprehend how humans were able to survive without blockchain. Just like the young generation of today can't understand how we survived thousands of years without internet or mobile phones. Blockchains will not only make our lives easier, they will exponentially accelerate the evolution of humanity.

For example, right now, in order to profit from our assets or buy new assets, we need to either have the resources to purchase them and then again having a way to sell them. Moving all the world's assets onto the blockchain will give us possibilities that we've never before had. Small businesses that need extra cash flow can just put shares for sale on the blockchain. You could easily own part of a restaurant or store within minutes without having to go through lengthy negotiations.

If you quickly need some extra cash because you have to pay an emergency medical bill, you could borrow money within minutes because your home's value and ownership is on the blockchain. You can use it as a guarantee and immediately see and accept the interest rates. You could even sell a fraction of your home to someone who wants to invest in it. No need to sell the entire house.

Elections will eventually move to the blockchain, eliminating voter fraud, provide transparency and real-time results for everyone to see. And perhaps most importantly, when we finally become an inter-planetary species, blockchain will be one of our most important tools. There is no way we are taking paperwork, money printing machines or coins with us to Mars.

As I said, the possibilities are endless. We haven't even begun to scratch the possibilities of how blockchain can and will change the way we live our daily lives.

I hope to still be alive 30 years from now, look back at this post and say "wow, we were so early".

submitted by /u/hazelvelvet
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