Are you ready? Are you ready for me to predict the future? Okay, here we go.
Two predictions:
– The cryptocurrency market will collapse
– Liah Greenfeld will be recognized as the Charles Darwin of the human mind
The first prediction is easy because, as we learned in the last post, it takes 40 years for new ideas to replace old paradigms. History clearly demonstrates that the way the blockchain will be used won’t be figured out until its 40th birthday or so.
There is no way the hype of the current investment bubble can be sustained for 40 years. Furthermore, it isn’t even clear blockchain technology will create a sustainable market as a currency. It likely won’t. Thus, the crypto investment market will surely collapse.
The second prediction is slightly more speculative but, as of yet i have been unable to disprove Professor Greenfeld’s thesis. Testing this second prediction will take a while, because Greenfeld’s theory was only published in 2013. But, i fully expect her theory to begin to become commonplace around the year 2050. And, it will fundamentally change the world.
So, in reality, i haven’t predicted the future. Predicting the future isn’t a respectable business. LOL! What i have done is highlighted two areas where the future has already happened. Big difference.
Identifying the future that has already happened is extraordinarily powerful. It is what we do in my business.
