The main possibility of block-chain, crypto currency?

I’m being asked what the first possibility of blocking, crypto-currency, smart contracts is? It is assumed that this is a type of bitcoin that grows and all that. I will tell you about a new, beautiful world.

1. The whole human history is a battle story for limited resources, and the current elites’ existing essential model of monetization is restricted and carefully regulated access to resources.
2. The God of our civilization is a deficit, because it generates demand, and maintaining a deficit. The stimulating demand allows raising the price, ensuring the growth of capitalization through managing of access to an artificially limited resource, instead of creating value.
3. Carl Marx, Vladimir Lenin, and the socialists wrote about this: the contradiction between the social character of production and the private nature of appropriation of profit. And where to go to the poor proletarians? The elites have production, resources, but plebeians have nothing.
4. The plebeian always has a weak negotiating and market position, so the elite had plebeians in all the poses they want. To order to satisfy their even lower needs on a Maslow’s pyramid the plebeian must crawl to the owner of the resources on his belly, and voluntarily put on a slave collar.

Forms of collars and the essence of resources throughout history have changed, but now everything has become standardized — current elite’s power is a monopoly on five entities:

• an issue of money and the refinancing rate
• ability to legislate and regulate
• support for the status quo by force and in general use of the power unit
• collection of taxes
• distribution of social guarantees

What brought the phenomenon of blockchain? Why is it a revolution? What is the primary value? What is the blockchain in fact?

Sorry, you will have to put your head a little, because I will use abstractions of a more or less high order.

First of all, blockchain is NOT TECHNOLOGY. It’s people who are interested in thinking in a particular direction, which is exciting to be together. Motivation is more important than technology.

1. The community develops the idea of ​​p2p — it’s a fundamental idea with the opposite paradigm when people can coordinate not in the star topology, but in the scale-free-network (SFN) topology.
2. SFN is governed by consensus, not by the center. This network applies not only to money but many aspects of life.
3. The topology of SFN is the topology of our brain; this is the topology of synergy when 1 + 1> 2 is the topology of nature because this topology has the highest adaptability.
4. The star topology is a particular degenerate case when fast solutions under conditions of a small set of rules are more beneficial than a full-scale inertial consensus.
5. The topology of p2p in the case of a single-edge network is also a degenerate case when the need for a majority consensus is not needed (an example of a classic torrent).
6. The topology of SFN is capable of “flowing” from p2p to the development of nodes, absorbing and merging into a hierarchy when necessary. Or to the degradation of the central node into a network of peer-to-peer super-nodes, when the need goes away. It’s all very alive, as in life.
7. The degree of centralization of the network is merely a consequence of the system’s reaction to the external environment.
8. Such flexibility is achieved by the activity of network participants from performing simple actions to the formation of any rules of interaction with a mandate that depends on any parameters — this is the concept of smart contracts.
9. SFN does not mean the idea of ​​STORING resources, but instead the idea of ​​a CONTINUOUS FLOW OF RESOURCES, and — comes to replace it.

The resource flows to where the NETWORK benefits, not just the individual participant. SFN has a multi-level synergy.

New opportunities!

Maximum resource consumption occurs at the point where the network development happens, when new nodes, entities, contexts actively join.

The network develops through its vortexes — the “antennae” of new meanings. In our civilization, the “vortexes” of new meanings are realized by entrepreneurs. These are people who EXPAND the universe; they consume more all resources.

The resource ALWAYS remains in SUCH system, because all elements are interconnected. It is a model of a perfect economy — if someone consolidated a lot of money, then only to spend them in a particular direction.

Even if the project did not grow, all the money returned to the economy.

In a divided world, this means loss. In a “bound” world, there can be no loss, because any quantum of creation can be utilized.

From a practical point of view, it is an opportunity for members of the community to manage their resources very quickly to those projects that seem appropriate with low risks.

Risks are not hedged by diversification, i.e., REDUCTION of the degree of connectedness of intentions, and on the contrary, INCREASE of the connectedness of projects and their participants.

This approach is an alternative system for the financing of science, education, medicine, the social sphere, development not through trust institutions of experts, but through community consensus.

MONOPOLY is stopped in those domain

• the issue of money and the refinancing rate,
• on the ability to legislate and regulate them,
• to support the status quo by force and in general to use the power block,
• to collect taxes,
• on the distribution of social guarantees.

What is needed for the effectiveness of such a system to increase?

1. Reputation is like a primary currency, which in principle makes it impossible to scam.
2. A general increase in the level of education and awareness of all members of the network.
3. Difference between opportunities and privileges depending on reputation.
4. A differentiated level of reputation weight in achieving local consensus, depending on the level of reputation.

Such a community can unlimitedly support any project of any person or team in independence from their place of living and qualification. The thesis “well-intentioned paved road to hell” has lost relevance.

Now people start judging by their intentions, not by deeds. If there is a good intention, then support will on the way, and everything will always be realized.

Accumulating PERSONAL ASSETS is less profitable than reputation in the community.

The reason is that PERSONAL ASSETS are always limited, but reputation can attract an unlimited number of resources.

This way means creating a foundation for a meritocratic society, and this process can not be stopped because the entire military history of humankind shows that the community, the people cannot be defeated.

Welcome to the world of the future!