RE: The Biggest Problem with Cryptocurrency is that it is Called Cryptocurrency by sndbox
Viewing a response to: @sndbox/the-biggest-problem-with-cryptocurrency-is-that-it-is-called-cryptocurrency
cryptocurrency·@eric-boucher·
0.000 HBDWhat a powerful article and it deserves in my eyes much more exposure! Awesome work, again!!! As soon as you veered over to the trust issue, the reader turns 90 degrees and keeps on reading. by the time you hit the *"The “currency” embodied the metadata of the producer’s skill, locational knowledge, and much more"*, we're hooked till we reach *"Cryptocurrencies have now become a vehicle for self-investment and self-establishment in unique global economies."* Underlining the aspects of our liberties and freedoms being incentivized by the rise of crypto currencies gives great power in the legitimacy of these new economic tools. Some call them cryptocurrencies, but really, when it comes to their usage, the greatly vary in function and applicability (Which you pointed at too) and can't all fall under one umbrella. Bitshares, for instance, falls under the category of "Securities". Others fall under many other labels "Coupons", "Smart Coins", "Shares of Bonds", "Share of Stock", etc. depending on what they represent within the blockchain systems, they will slowly get the recognition they deserve. Thanks a lot for this sharing of knowledge, wisdom and history this is hghly valuable a post. Upvoted 100%, resteemed and shared! Namaste :)