WAS BITCOIN AND CRYPTO JUST AN IDEA?
Author: John De’Reveal
In an age of ever-increasing technological innovation, I find myself looking back in time and remembering how the future was depicted in the past. Although the world as we “see it” in 2019 didn’t quite turn out to be a 100% match to its 1985 futuristic depictions, I can’t help but notice the similarities. It’s as though the future was being planned ahead
Growing up in the 70’s/80’s, I remember watching cartoons such as the Jetsons. This show was produced in the 1960’s and then again in the 80’s and depicted what life would be like in the future where robots would be the norm and everyday appliances and infrastructure would be automated. Even a meal would be in the form of a pill.
Also, movies like Demolition Man (credit system), Blade Runner (video calling), The Terminator (Robots & Drones), Back to the Future 2 (Google Glass) and more all exhibited signs of the world as we know it today. Is this just a coincidence or was this great planning?
With that being said/asked, it seems ever more likely that digital currency was always going to happen and did not just come about by individual design. So, I wonder, what’s the next step? Well, during a conversation I recently had with a close friend, he mentioned that his customers are increasingly requesting that he invest in a card payment device as credit/debit cards have become the more common form of payment for them. He like myself prefer the option of the limited freedom that comes with cash so this is what I think will happen:
1. Cash will eventually no longer be legal tender. Credit/Debit cards and smart phones will remain the alternative and then the only way to buy and or sell goods and services
2. Convenience and efficiency will demand that card payments be made obsolete and that all financial data be centralised and accessible via smart/android phone through apps
3. Make it impossible to authenticate identification without the use of an app. Key cards will be obsolete
4. Make the use of log in data obsolete by introducing the already existing RFID technology by way of a microchip that is etched just under the skin on your hand. This will be for the simplicity of buying and selling, tracking and authentication to combat cyber crime
5. Centralise all personal information (medical history, financial data, access to work areas etc.) on the RFID chip
6. Make it mandatory to scan the RFID chip to access any services. Without it, life will become increasingly complicated.
The RFID microchip is already in its testing phase and via the smart/android phone, it is in its infancy. The thought of having a microchip in my hand leaves a mark that I don’t feel appeals to me despite the benefits however, not having the microchip may make life in the future rather unpleasant.
Here’s something to ponder. One day in the future it will be make your mind up time to the question I ask today…
WILL YOU TAKE THE RFID MICROCHIP?