Harvesting Redcurrancy, Yielding Cryptocurrency

The current currant is the redcurrant.

We have a small bush in the garden and today was harvest day, yielding around about three liters of berries, which is not a huge amount, but it will be enough for us to make some pies, juice or just eat them fresh as is. I am not a huge fan of redcurrants, but I do like eating stuff that has come from our garden.

I remember doing a semester of agriculture back at high school an eon ago and some of the kids had seemingly never never eaten vegetables before and were pretty negative on having to plant a small plot of earth with things like broccoli, turnips and cauliflower. However, after spending a handful of months tending to the garden, making sure it was weeded and watered and then harvesting, it was really interesting to see how many were excited to eat what they had grown, some biting into raw turnips, others looking forward to taking their yield home to their parents.

If you want children to eat vegetables, make them their vegetables.

Personally, I value ownership a lot and I believe that cryptocurrancycurrency and tokenization of activity is going to lead to an increased interest in ownership of many kinds. In many ways, it is like growing the vegetables in the garden and taking the yield - people are going to be more actively attending to their activities and growing various revenue streams that can earn them multiple currencies and can be used to supplement their total income.

Even as urbanization takes hold, people are becoming farmers again and we have seen the draw and stickiness of digital farming for years through online gaming, with many falling into addictive behaviors. People letting their kids starve while they are playing World of Warcraft, people not doing their jobs as they are playing Farmville.

The pull of collection and ownership is hardwired into us and these games and social platforms have successfully been able to hijack our attention and time, collecting our data and capturing value, without offering anything of substance in return.

Web 3.0 is going to be the step forward where the centralized activity gets decentralized and the value captured from it, distributed far more widely across the network, giving rise for a lot of opportunity for those who participate. This is going to bring in a lot of new potential for many who might not have had otherwise due to local or social conditions, and it will be the ones who are able to successfully navigate, manage and create for the new economy who will take the most advantage.

Essentially, there will be a massive amount of activity and cross-chain interaction that will add a huge amount of complexity, but on the visible layers, create a lot of gaps for people to build within. It'll create a large Proof-of-Brain network and it will expand past the individual contributors and further into collaborative efforts at both the production and participative levels.

As more people take part in the web 3.0 economy, the more more it matures and the more it is able to support. This will also mean that a growing number of businesses will move activity in and, new business models will form to cater for the market. Goods, services and everything between will become part of the tokenized experience and all can have far more direct control over what they own and how they operate it.

In some ways, this can be dystopic, as so much of our human interaction becomes value based, but it is actually that way now, we just largely do not have access to what is being evaluated, or the value it generates. As a result, those that do become increasingly powerful, while the majority are endusers who are becoming increasingly powerless. This leads to a dystopia of centralized control anyway and as we can see by the increasing concentration of global wealth, we are rapidly moving to a point of potential no return, where we no longer have the capabilities to challenge the status quo.

Ownership is the tool that can claw back control and place it back in more hands and even though it might seem insignificant at first, it benefits from time and scale. The more people who start building ownership and the longer they do it for, the more valuable it becomes, not only because of compounding interest on the value, but the compounding interest on how we as humans value ownership itself.

When we work to build and grow something, when we feel that we have ownership and agency over what we hold, we are not only more protective of it, but also more aware and attentive of how and where we use it. Currently so much of the value we generate is hidden from us and we have no access to, so it is no wonder that many of us have very little interest in being anything other than consumers. As we start to shift the paradigm in some, more will follow suit and as adoption builds, things start to change.

It is uncertain where it will all end up, but at least the current direction of the centralized global economy is not somewhere I want to go.

Taraz [ Gen1: Hive ]