For years, the blockchain community has been laboring in an ever-expanding universe, anchored by the promise of a disruptive technological revolution and an apparently infinite flow of capital. This universe, often referred to as a 'bubble,' has proven to be a space of incredible innovation and wealth. But what happens when the bubble meets the reality of everyday life and conventional businesses? It is imperative to confront this phenomenon with a critical approach and an awareness of its socioeconomic context.
The bubble we talk about is the perceived isolation of blockchain technology and cryptocurrencies from traditional markets and daily life. The potential of the technology is undeniable, but its practical impact still seems abstract and distant to many. The benefits of decentralization, security, and transparency are powerful, but they are not always easily translatable to everyday life or traditional business models.
As a promoter of this initiative, it is essential to reevaluate our goals and strategies, addressing the challenge of generating tangible and long-term utilities rather than focusing solely on the valuation of digital assets. The real value of blockchain lies in its ability to provide practical solutions to real problems.
To exit this bubble, we must work on building bridges with the outside world. We need to decipher how this technology can simplify transactions, improve security and efficiency, and facilitate financial inclusion in business and everyday life.
Blockchain technology has the potential to change how we manage intellectual property, how we record land ownership, how we vote, how we trace the provenance of products, how we contract insurance, and much more. These areas deeply touch people's everyday lives and can be revolutionized by this technology.
Therefore, I call for collaboration. Let's make inclusion and equity our priorities, using blockchain to close the gaps in access and opportunity in our society. Let's continue to innovate, but let's look for that innovation in places often overlooked by the technology radar: in small businesses, in marginalized communities, and in sectors of society that most need the advantages that blockchain can offer.
In conclusion, the blockchain community needs to step out of its bubble to truly become revolutionary. We need to focus on how we can make this technology relevant to everyone, not just those at the pinnacle of the digital economy. In this effort, we can not only generate utilities that touch the day-to-day of business and everyday life but also can fully live the promise of blockchain and its benefits for society as a whole. As a precursor, I make this call to action. Your contribution could be the spark that ignites the revolution.
