“Financial Services” Debit Card by Corp Cru
Corp Cru expresses the revolution of tokenization through the Financial Services Debit Card. 24″H x 42″W silkscreen acrylic on canvas.
In 2008, two or more individuals believed that it was preposterous to continue the insanity of believing that pulling a lever would effect change.
As such, and pursuant to their proposal put forth in “Bitcoin: A Peer-to-Peer Electronic Cash System“, they kicked off the decentralization revolution on January 3, 2009 that would free us all and change the world forever.
In October, 2017, Jamie Dimon told the world that Bitcoin was a scam. Don’t blame him. He was only doing what any kid in the schoolyard who gets his lunch money taken every day would do.
He’s just scared. He’s just trying to protect the franchise entrusted to him by shareholders. At the same time, the laboratories of JP Morgan are cooking up a centralized version of digital currency and payment systems with the help of the folks from Ripple and Corda.
Let’s see if they can run faster than Coinbase, Binance and the new decentralized exchanges that are popping up like mushrooms.
Banks will need to risk every penny if they expect to remain relevant. They have much to be terrified about.
Your computer science classes can only give you a glimpse of the new decentralized financial services industry but you also need to know the basics of a monetary system and token economics.
There are many new journalists dedicated to covering digital assets and Blockchain. Read them every day.
The bottom line is that you won’t need a trusted intermediary for your money any more than you need those blue jays circling around your kitchen that we talked about in the Defense Debt Card.
Blockchain will disintermediate and disrupt everything from trading and custody to securities origination and payments. New features will come with securities such as the ability to pay for a cup of coffee with any tokenized fractionalized share of stock in your portfolio.
A special thanks to the following individuals for their invaluable contributions to our economic freedom;
Satoshi Nakamoto, Stuart Haber, Scott Stornetta, Dave Bayer, Ralph Merkle, H. Massias, X. Serret Avila, J. J. Quisquater, Nick Szabo, Ian Grigg, Adam Back, W. Dai, W. Feller, Vitalik Buterin and Gavin Wood.