P2P as medium?
Is P2P necessary as medium for a new financial system?
If the Internet can be blocked by the Money Printers, via the current Internet providers, then you could – as an alternative money system – think of a Peer-to-Peer network, or a mesh network, where devices directly (without using an Internet provider) form an alternative internet.
Because the WiFi antennas of laptops and smartphones can make direct contact, this is easy to imagine. There are of course also many situations where you get groups that are too far from other groups as a group and are therefore cut off from the total network. You then have to set up special connections for those groups, for example via radio signals.
Although many initiatives are already working on these solutions, it will be years before something like this works globally. In any case, this means that centralized solutions for the financial system cannot yet work globally for the coming years. However, decentralized P2P solutions can provide immediate solutions. So P2P is the best way to go.
Still Have Questions?
The 1CoinH / Ethical Money system is nothing like we have ever seen before. We can imagine you have plenty of questions left.
The 1CoinH / Ethical Money system is nothing like we have ever seen before. We can imagine you have plenty of questions left.
