I’m not sure that there’s much relationship between the two properties - if anything the seediness of current behaviours costs me, you and the wider economy via highly strategic profitization of us.
We are the cattle, complaining about how green the grass could be doesn’t stop us from ending up slaughtered for meat.
They did, but those companies who don't do it today are doomed to fail because the other companies that do will sell more, including both products and users' data.
Well... if the company's main activity is refining oil, cultivating corn, or trawler fishing, then maybe it doesn't need to buy and sell user's data, because, you know, there aren't any...
Also, there are companies like FairPhone and System76 that (probably) don't buy and sell user's data. But they aren't exactly thriving.
Those are not investments because you do it out of obligation and necessity.
You are not allowed to work if you don’t have a bank account.
And also you loose value from these. Cash loose value thanks to inflation money spent on nsa.
Banks not only dont pay you for the money you have in the bank but also charge you a lot for a digital transaction they spy and use.
> can blockchain technology or more generally any other not fiat money help somehow the situation?
Yes it can, but existing governments will not cut off their own limbs (give up their current power over currency management and tracking) by adopting a true blockchain.
right now we have US ( and dollar ) hegemony. What if we will end up in multilateral world. What would be the new currency if no one will win current wars?
There is the possibility for there to be a non standard valuation. A few decades where neither the US or another currency is dominant. Personally I still see the US dollar as having a lot of strength but that can change surprisingly quickly once the flip happens.
I'm not worried about that at the moment but I have said, once the US dollar is no longer accepted at a random Thai street market that is when the US dollar is done.
