The rise of technology and the transformation of economy and finance

Alexandre Azeredo
2 min readOct 13, 2021

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With the rise of a new generation getting into finance and investing amidst the gaming environment as a day by day routine, it’s going to change everything around money for the near future.

As days goes by there is millions of young people around the world that are trying to make some money for living, besides the fact that, that generation is not very suitable for handy work…they come from a environment and a certain period of time in the world, that they are exposed to technology since day one in their lives. The way that a 19/20 years old person makes and spends his money it’s a totally different way of a 30 years old one, imagine from the gray heads on the power with their 60’s and so…

This generation does not care so much for things that Boomers find as a priority in their lives. They don’t need to learn how to drive. For instance, that’s Uber all around for very cheap money, so a lot of them don’t even think of buying a car…there is no need…

They don’t need to buy houses…Buying real estate is often quite committing to a very long payment stream with a very low liquidity asset, when you can leave everywhere renting until you find your place.

There is a huge gap between this generation and politics, and regulation of innovation. The reality it’s there are gaming companies selling plots of digital lands for a lot of thousands dollars, and gray heads are talking about Bitcoin is a scam. There is such a gap that’s bizarre.

And so there is NFT games. Where you can buy and sell those plots of lands, or you can literally use it as a farm and produce your own items that are going to be sold in a real market for real money. It’s like investing in cattle for the sixties.

The new cattle are little virtual creatures that battle in a tournament and they reproduce using some magic potion. As cattle, they need land to live, reproduce and so on…There are millions of new virtual farmers everyday, no matter what. Regulated or not.

The pace of how technology is deepening its roots in our day by day activities is overwhelming without you knowing exactly.

But It’s amazing for you, if you are inside this revolution.

Be aware.

tmj

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Alexandre Azeredo
Alexandre Azeredo

Written by Alexandre Azeredo

Welcome to my lab. Here I think out loud about Business and Blockchain Economy.

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