value. You just have to look at the history of currency. A cowrie, a bead, or a number on the blockchain, there's really no difference. In local currencies, people make these exchanges because they know each other. The real question is how do you create this kind of trust on a global scale using blockchain tech? How do you get people to trust something they fundamentally don't understand? In the end, it will be social suasion that does it. Something like the protocol currency that gets accepted and then built out into real communities would do it. But, it's a decades long project, maybe even centuries.
I've always thought you have to spin up local nodes or groups. Potentially connect them as they pop up creating larger networks.
in this way it could happen much faster
Probably very much like spinning up a blockchain, except much slower because this kind of change will likely require several waves of generational replacement to be accepted.
This will be the goal with p2p b2p tools in Nautilus. Still early though.
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