The emergence of the IoV.
Not all that long ago the internet democratized the distribution of information. Bright knowledge that used to be only available to top universities and big organisations landed in the hands of anyone with enough curiosity and an internet connection. The internet, on a more philosophical note, created a level playing field for knowledge that excluded discrimination from its formula. If it were race, wealth, or social status.
At the time, the majority of people didn’t seem to fully acknowledge the unfathomed revolution the internet would bring. Hindsight, this isn’t that odd. The early days of the emergence of new technologies have often proven to attract plenty of terrible business ideas, criminal activity, while also dealing with a lack of proper infrastructure. Sometimes it’s easy to forget that the famous Samsung Star was released in 2013. Before then smartphones with touch screens still seemed nothing more than a wild dream.
As we’re closing in on entering the third decade of the 21st century, we’re experiencing another revolution. A revolution that seems to pivot on everything remotely related to money. The underlying technology of the ‘’magical’’ internet money called: Bitcoin, has already proven that it can potentially disrupt the way we send money around the globe. Not even mentioning the ability to establish brand new currencies, something that in the past could only be done by powerful governments.
It’s still unclear where this ‘’money’’ revolution might take us. The current stage of this revolution could be compared to what signified the early 2000s of the internet. Back then we had a lot of trouble with predicting the path this new technology would take. To be clear, where we are now, close to two decades later, the impact the internet has had is far beyond our wildest dreams. With the exception of a few visionary explorers, most people proved themselves to be way to conservative when thinking of the futuristic presence of the ‘’net’’.
Right now, believe it or not, we’re surrounded by some of these rare visionaries. You might not recognize them yet. You might not agree with them yet, but in the end they will prove to be right and flourish. Behind the curtains these visionaries are building the new roads, made of never used before materials, leading to still unknown destinations.
The dot-com bubble did burst in the year 2000. Instagram launched its app in the App store in October 2010.
The crypto bubble popped in 2018. It could only make one wonder where we will be ten years after this speculative craze.
The Internet of Value..
Crawl, walk, run...