Cryptofinance And Spending

Dean G. Kerma
4 min readNov 17, 2020

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By taking the viewpoint that cryptocurrency represents a fictitious alternative to our current system of financial relations, which includes formalization of value transactions, society is better positioned to understand its significance. Value can be extracted from a source unknowingly without that source incurring a cost. It is also deposited without any associated costs. Monetization represents an abstract, arbitrary valuing that is useful for acquiring goods but that do not necessarily satisfy the psychological needs of human beings. Thus, we are forced to ask the question, does the financial system operate in our best interests?

The basis of consumer culture in western societies is deeply rooted in individualism. As opposed to communities in other parts of the world, collectivist cultures outperform societies who are less generous with their time and effort, in terms of magnitude. To assess context at a particular moment of civilization, one ought to consider whether organizing principles behind coordinated large scale human activities, at the time, served the purpose they were intended to for.

In Australian society, and other societies shaped in the mold of European tradition, the stipulations of an incentive based financial system drive the labor economy. Social structures are the skeleton of a living, breathing society. Society functions inwardly. A human mind is actively timing its function with respect to calculations made with algebraic motion of impulse.

Auditory and visual communications carry information back and forth. Human brains are like neurons in a complex network of communication. The brain is a model for networking, which reflects its systemic relation to the galaxy. Outwardly expressing sentiment can carry negative or positive signalling that might affect its recipient mentally, emotionally and behaviorally. This transmission impacts the spread of a carried message in an idea throughout society.

Holistically, the environment shields mother Earth like a skull. Society fills it. Brain matter is composed of neurons in the form of individual brains of people. Informational networking consists of electrical pathways in time-bound distribution through working space. An action potential is a communicable transmission that positively or negatively stimulates the firing of adjacent neurons in a network, or social entity. This gives rise to activity of large-scale events, mass hysterics and collective behavior generally.

The brain cells of society are actively composed of social agents. There is a flawed and irrational conception of social value at the core of modern western civilization. Social value must be rethought according to its relationship with some tangible psychological gain. The conception of value as monetarily forming in banking institutions that facilitate today’s economic system, does not perform the function the laypeople expect.

Inequality plagues capitalist systems. It persists, in part, because it is difficult for the public to see through the complex conceptual web of interrelated ideas that shroud government spending in jargon. Technical terminology used for addressing economic reality, in language, is difficult to index mentally. That means vocabulary is aimed at meaning nothing to the public. It gives unfair advantage to those with intelligently constructed mental pathways to freedom. This affects time and effort spent on forming pathways. Therefore, a lack of public awareness regarding spending, in conjunction with a perception that economics and finance are specialized intellectual domains, precludes widespread thinking on related issues. This discourages participation in public affairs on a stimulating level.

Social well-being is drastically influenced by public sentiment.

Society functions as well as it does because people fulfill their roles daily. Those roles have intrinsic value within a system of autonomous social agents. Every autonomous social agent fulfills a role within a designated social structure. By fulfilling that role, even if it means abiding by the terms of some implied social contractual agreement, everybody accrues value indirectly from every other autonomous social agent indirectly. The system contains weight. Everyone contributes to the proper functioning of social structures with time, effort and personality.

The emergence of so-called Block Chain technology represents an opportunity to gain a better understanding of the processes behind the fluidity of social cohesion and its stabilizing effect. While cryptocurrency develops its bones the world is positioned to make progress at learning a lot about health, welfare and sentiment. Blockchain, or its cryptocurrency counterpart, maintains social stability while financially viable options to freedom fade dismally. The outcome remains to be seen.

Without moral implication the world is changing. International economies, and its financial system, should adapt to human suffering by negatively influencing it, in statistical format. That is, economic adjustment should reduce negative feelings of the people it serves. We are here for a short time to be as comfortable as allowable. This cannot be mistaken for uneven power structures in society. One should hold the belief that it is possible to be free in a world of utmost pressure to conform. Some might say that simple freedom does not suffice, but it is fair to have hope to be free.

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Dean G. Kerma
Dean G. Kerma

Written by Dean G. Kerma

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Dean is a student of the arts. He produces music, writes short essays and is attuned to cosmic energy.

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