As of press time, the combined market capitalization of all cryptocurrencies hit $828 bln, and keeps growing.
Things happened sooner and faster than many of us could anticipate.
One of the slides in our presentation Blockchain for Finance showed that it was only $509 bln backed in 14th Dec 2017 (See presentation file below, slide no.7).
We are seeing a ~60% rise in market cap within merely a month’s time. That’s quite a huge amount of money being sucked into the crypto world from the fiat money system, and also being generated in the cryptosystem itself.
“Once a new technology rolls over you, if you’re not part of the steamroller, you’re part of the road.” – Stewart Brand
And yes, we are not merely talking about the euphoria or quick profit out of it, or whether it’s a bubble to be burst soon, but it’s all about confronting a bigger issue that is facing the majority of the human population – 【 Totalitarian Financial Surveillance 】.
Worse Than Useless
They are not afraid of the dark web. They just don’t want us to have ours.
The question now is will we get ours (secrecy)?
Will we assert our human right to privacy?
Will we use this technology not to enslave the world through a totalitarian financial surveillance system but to free the world?
Will we do something that will first do no harm?