The Age Of Abundance: Technology Is Changing Things Quickly

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Elon Musk is apt to make some outrageous claims. That said, while being leery of his projections, he is someone worthy of paying attention to. He does have a history of pulling off what he says, albeit on a different time frame than he initially projects.

The last few days saw him making some statements that really epitomize the Age of Abundance. If it is true what he is saying, we are going to see a living example of how things are changing.

One of the statements he made in a podcast is that Tesla are now appreciating assets. This is much different from what typically happens with cars which depreciate the second you take them off the lot.

He followed that up by saying that Tesla are made to go 1M millions, similar to the distance trucks go. Along with the, the batteries are going to last 500K miles which is far greater than anyone anticipates.

https://electrek.co/2019/04/13/tesla-model-3-longevity-claims-elon-musk/#disqus_thread

This is all part of Tesla's plan to offer a platform similar to Uber. The main difference is that the vehicles will be autonomous, requiring no driver. This means that one can send the car to work at any time.

Here we see a new paradigm entering the picture that is going to change how people view transportation. It is also going to provide opportunities for millions of people that is not present at the moment.

To start, anyone with good credit, if the numbers work out, will be able to afford these cars since they will become revenue producing assets. Hence, the loan taken out to buy them will be covered by the profits generated. Of course, we will have to see what that looks like but ride sharing without a driver seems like it should have some decent profit margins.

The second aspect to this is the fact that transportation costs should come down. A car typically, at least in the West, is one of the largest expenses people have. The sad thing is this money goes out the window on something that sits most of the time.

We see a net result where millions of people are going to be able to turn their cars into revenue producing assets while tens of millions more will enjoy lower transportation costs. This is truly an abundant concept.

My view, of course, is that the transactions on a system like this will be done using cryptocurrency. What about a Tesla token to facilitate what occurs on the platform? This is something that individuals can purchase on exchanges. Over time, as the network becomes more active, the value of the ecosystem will appreciate. That could bode well for those who buy in.

How is one going to buy Tesla tokens? By using their HUNT, Actifit, STEEM, Dlike, Clean, or a host of other tokens accumulated.

This is the interesting thing we seeing being revealed. Now is the time to experience future abundance by accumulating tokens. There are many being offered on the Steem ecosystem and can be acquired simply be engaging in particular activities. Naturally, not all tokens will have great value. Nevertheless, all will be able to be traded for other ones. This is crucial.

As more of our world finds its way into the digital realm and onto blockchain, we should see an explosion of this concept. The advantage to exiting the centralized systems is token portability and the ability to swap it for whatever one desires. This is much different from a closed system such as a Facebook coin which they only allow used on their platform (unless it is traded on exchanges which might be the case depending upon how open it is.

One of the interesting layers that is going to be added is virtual reality. We have @dlux on here which will help to foster the adoption of this new technology down the road. Virtual reality will enable the construction of multiple layers on top of the physical world. We are going to see the creation of many digital assets which will be traded on exchanges for tokens.

We are seeing an entirely new paradigm emerging. Those who are involved now are really going to profit as these systems expand. Blockchain and cryptocurrency is central to a lot we are going to see in the future.

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