π₯οΈTECHNOLOGY
Last updated
Last updated
TECHNOLOGY - Is nothing but an extension of our own thoughts or thinking processes.
From a knife to Artificial Intelligence - technology is not good or bad, it's the makers and users of it that informs that distinction.
A knife can be used to make food or to kill someone. The knife itself has no qualities like good or bad and just because some people use it as a weapon instead of a tool it does not mean we should forbid the production and use of knives.
The technology we call Blockchain is still in its infancy and so far, it mostly benefited the 1%.
Yes, many other regular people became millionaires, but most people either didn't understand the fundamentals of investing in new technologies or were outright scammed.
New technology is always exploited first by greedy people, it's unfortunate and it's what we are trying to change.
Most cryptocurrency or tokens so far have mostly been just symbols for speculation on exchanges, with no real value to life anywhere and no chance to reach mass adoption.
Crypto tokens are just new, better tools for creating symbols that can represent something of real value, but most have yet to demonstrate a simple and universal way to appreciate or extend that value.
We must understand that value only comes from people, from all our actions and interactions, nothing else has any real value without people at the core of it.
Everyone talks about mass adoption but that requires real use cases that create demand, thus increasing the network's growth speed and self-worth (the network's real-world value or utility).
A currency token can only appreciate organically and constantly when there is growing demand due to the utility it offers.
Most blockchain projects have failed to reach mass adoption because they haven't demonstrated an alternative to the organizational and financial operating models of all the important internet applications currently defining most of what the internet is.
They haven't fulfilled the goal of upgrading how the human species communicates, interacts, and most importantly they have not done anything to fix the financial inequality.
The great promise of blockchain technology is yet to be delivered.
GRAT is here to speed up the process and show everyone what is possible from now on.