Can Bitcoin Unify the Planet?
Cryptocurrencies and blockchains might be the only technologies since the creation of the internet that are pushing us towards a Global Citizenship
In April of this year, I was highlighting in one of my posts Yuval Noah Harari quote from an article published in the Financial Times from March 19th, 2020 when he was referring to the coronavirus crisis:
“Humanity needs to make a choice. Will we travel down the route of disunity, or will we adopt the path of global solidarity? If we choose disunity, this will not only prolong the crisis, but will probably result in even worse catastrophes in the future. If we choose global solidarity, it will be a victory not only against the coronavirus, but against all future epidemics and crisis that might assail humankind in the 21st century”
More and more it feels that the Coronavirus didn’t manage to create this new solidarity. And worse, it feels that the crisis has reinforced the disunity between people, institutions, and nations.
For the first time, Bitcoin seems to not be following the financial markets.
I think that this is potentially the best indicator that something is about to shift in our economies and something bigger is happening. Bitcoin was created to be outside of the control of any nation. It can be used by anyone on the planet who has access to a smartphone or a computer. With its total market cap reaching $500 Billion, we can also assume that soon no government will be able to stop it without the help of a coalition of governments, and that would be almost impossible to pull off at this stage.
When Europe tried to create more unity among its citizens it was obvious that a common currency like the Euro would help to reinforce that link.
Bitcoin could play that unifying role on a global scale. If it succeeds it will benefit all other cryptocurrencies ecosystems as the use of bitcoin and cryptocurrencies will become mainstream in our daily lives.
I like to think that way and I am excited about the opportunities and potentially the good surprises 2021 will bring to all of us.
I wish all of you happy holidays and a great start in 2021!
Feel free to reach me on Twitter @anthenor
