Crypto Can Benefit Each And Every One Of Us, But It's Not For Each And Every One Of Us by dragosroua

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· @dragosroua ·
$1.70
Crypto Can Benefit Each And Every One Of Us, But It's Not For Each And Every One Of Us
As I was celebrating Christmas Eve in a completely new style for me, by going to the beach and just sitting on the sand, soaking myself in the Spanish winter sun (which is still warm enough to make you feel comfortable even if you wear just a teeshirt) I had a few "a-ha" moments. There is something about the sea energy, about that light and the sound of waves that is very conducive to that kind of thinking that eventually leads to deep, enlightening insights. It's like that context suddenly sheds light on some problem that you never really knew how to tackle,  or it simply makes stuff more easy to understand.
***
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***
Not all of these "a-ha" moments were related to blockchain. I still have a life and a ton of other stuff to try to solve - luckily - but some of them were.

So, it dawned upon me that a distributed ledger - another name for "blockchain" - is not something that everybody will want. The most common use case for a blockchain is now currency and it somehow makes sense for a lot of people to just have their wallet with them all the time. But a blockchain may - and will, for sure- carry a lot of other stuff, under the protection of cryptography and backed by decentralization. For instance, it may carry medical records. Or geolocation-rich information, like what points of interests are in a certain area. 

And this kind of information can be _delegated_. It is delegated now and there is little incentive for it to be moved to the blockchain (we will all see this clearly, once the hype fades out). 

Some types of data just needs a _custodian_. The mere role of the custodian was invented _specifically_ because people wanted to avoid the hassle and the risks associated with protecting something _all the time_. Instead of carrying something of value with you all the time, you just put it in a vault, assign a custodian to it, pay him for the job (to keep him incentivized) and then just go and carry on with your life.

We live in an era in which the custodian role is being redesigned. Some people will morph into their own custodians, taking care of their own assets and proclaim their financial freedom. Hard-core geeks, early adopters, hodlers. But some of them will lean towards a new type of custodian even more. These are people for which the technology, as a concept, is something difficult to grasp. These are natural followers (there's nothing wrong with being a follower, just as it's nothing wrong with being a leader). They don't need the hassle and don't take the risk associated with carrying something valuable with them all the time.

We are indeed living interesting times. Because those who are morphing into their own custodians will preserve their identity, and, more important, their freedom (and by "freedom" I do mean freedom of thinking, of speaking and of moving). 

The ones who are shifting away from this role will delegate their own identity, their own freedom, to a new type of custodian. 

Wether or not these new custodians (being them reshuffled banks, or new types of governments) will actually enter into an open conflict with "free roaming individuals", well, that I don't know. 

But better be prepared than sorry.
***
_I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at [Dragos Roua](http://dragosroua.com) where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua._
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@pele23 ·
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Amazing picture man, really!

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@yaanivapeji ·
$0.03
Interesting.
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@santigs ·
$0.05
Have a great Chrismas Eve and Day!
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@botefarm ·
$0.02
Am wishing you a merry Christmass and a happy new year. 

Concerning the blockchain,  I have nothing to say for now. Christmas's chicken meat is already in my mouth. 😂.
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@empress-eremmy ·
$0.04
For cryptic to be successful it needs such 'custodians'. They bring trust and a general sense of direction and seriousness into the system.  I imagine it may appeal to mainstream users more with such things in place
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@tipu ·
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<b>&#127942; Hi @dragosroua! You have received 0.1 STEEM reward for this post from the following subscribers:</b> @cardboard <br><a href="https://steemit.com/steemit/@tipu/tipu-subscribe-feature-guide" rel="noopener">Subscribe and increase the reward for @dragosroua :)</a> | <a href="https://steemit.com/steem/@tipu/tipu-investors-guide" rel="noopener">For investors</a>.
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@trevor.george ·
$0.05
Merry Christmas - and happy meditating on our future ;-)

Next year is shaping up to be trans-formative in so many ways.
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@adenijiadeshina ·
$0.04
We are gradually living in a world of cryptocurrency. People who can not risk, who can not invest and who can not be pateint can not benefit from crypto and vice versa
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@steven-patrick ·
$0.04
Very interesting post @dragosroua

Merry Christmas!
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@blazing ·
$0.04
Merry Christmas 🎅🎄🎁
http://stickygatorbbq.com/wp-content/uploads/parser/merry-christmas-images-gif-1.gif
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@shahzadeh ·
$0.09
I think the reshuffled banks and governments probably will enter into a serious conflict with the free-roamers. 

For once in history, we will have individuals who have very little interest or incentive to maintain power and control over anyone but themselves. These people will also have a substantial amount of assets. Governments and banks will perceive this as a possible threat against their positions, they will try to take hold of this technology that allows this freedom to reduce the independence of these players so that the waves they make do not disturb the herd. 

I will agree that objectively, there is nothing wrong with being a follower or a leader. But in the case of having faulty, dishonest leaders, too many followers can be destructive to themselves and everyone else. For that reason, I hope that the new age has more and more independents. I dont wanna sound too libertarian, but we need to move away from the concept of needing someone to guide and protect our "interests". 

Governments should provide a basic sense of security and order, nothing more, and with more and more technology making complicated tasks easier, I dont see why we need banks and figures of interest having such a large control over the economy and assets either. My hope is that this technology will help rebalance the system. 

They can still have their yachts, but they should not be able to decide if I will one day be able to buy a yacht or not.

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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