Monday, February 10, 2014

Derisk capitalism - a capitalism without innovation

They're succeeded because they have fully coopted system surrounding them.
Bitcoin is a capitalism. It represents free market idea. With risk, because risk is part of innovation.
Economy become stagnant, because they encourage that cortels.

Even at consumer electronics, you know these giant corporation. They create closed systems.
They create monopoly and economic stagnation.

Its unprofitable to invest to new business, its unprofitable to invest into innovation. We're only seeing the beginning of this. Its own vibrant economy in community that is completely self-sufficient. That's the biggest disruptive potential of the Bitcoin. It forms the basis for freemarkets, economics that enables innovation. It create its own economic activities.

I think Bitcoin and cryptocurrencies in general through this new decentralized economies creates such huge economic activities on the Internet. That's why I say in the end - Bitcoin doesn't threatens capitalism, it threatens kliptocracy.

1 comments:

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