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To understand what open source, programmable money is, the concept of the physical money we spend needs to first be understood. | |
Physical money in itself is valueless, it is just some piece of paper till we assign some form of value to it through a set of | |
rules that the general public agree upon via the 'Elite'. It is the same with programmable money in my opinion just that, in this situation, | |
the rules that govern the value of the 'programmable money' is agreed upon by more commoners than usual. | |
The promise of programmable money is fairly straight-forward; " It is going to be more beneficial for you ". Programmable | |
money promises to eliminate the middle-man. That guy that helps your online transactions smooth currently but at a price. | |
Programmable money will fulfil the true purpose of the internet when it was created which is to eliminate the middle-man. | |
It is very important what programmable money aims to do, it will force ginormous corporations to change the way they |