Are We Living in the Most Interesting Time in History?
I’m old enough to remember life before the internet and cell phones. Looking back to my childhood the best times of my life were riding my bicycle far away from home and exploring in the woods near our house. This is something many kids don’t do today. This isn’t a post about romanticizing the past, but instead it gives me perspective of life before our modern technological explosion.
Looking back over just the last twenty years, the world has changed/progressed SO much. If you told me in 1995 the stuff that we can do today, my mind would be blown. For the younger generation, or even for us that have just gotten used to modern technology, our modern world can seem ho-hum. Besides the technology advances in the last twenty years, here are a couple more examples of why I believe we are living in the most interesting time in history.
Economics:
I believe our current world debt and economic situation will go down in the history books and will be studied by future generations. The world started an all fiat experiment in the 1970’s in which all fiat money is backed by nothing. In 2007 we had a preview of the fragility of modern economics. Instead of fixing the fundamental issues, we “papered” over them and now are in a world-wide debt in the hundreds of trillions of dollars. We have been on record low interest rates for a decade. Not to mention the all-time high in corporate and consumer debt. This seems like a grand experiment in fiat debt, and I have a feeling it will end badly.
Cryptocurrency and decentralization:
Another reason we live in such interesting times is the rise of cryptocurrency, blockchains and decentralization. I can imagine a world in the not too distant future where physical cash, currency issued from a government and held by banks will be obsolete.
We are at the early stages of the blockchain revolution. I’m sure we’ll see services and products that are blockchain and decentralized that I can’t even imagine at this time. In its short life Steemit is already breaking ground on social media. Instead of a centralized group getting rich from people’s content, the people are making money by adding quality content to the blockchain. This is amazing stuff!
I think we’re still in the early stages of this technological and economic revolution. But simply because we’re living in the times of these transition makes me believe we are living in the most interesting times in human history.
I’d love to hear your feedback on the comments sections.
Keep on Steemin’ on!
