The Individualization of Money

Many Monies

In the future, most companies, most organizations and even some people will have their own currencies. Anyone will be able to become their own central bank.

Exchange and currency conversion will happen instantaneously through our electronic devices, and invisibly, though most currencies will be fully auditable for those of us who want to look under the hood. Many competing currencies create pressure for transparent honesty.

Merging roles of Customer, Investor and Business Partner

A consequence of the individualization of money is that the roles of Customer, Investor and business partners will merge. The distinctions will blur.

customer to investor

Customers, especially those planning prolonged business with a merchant, may keep a reserve of that merchant's money, thereby becoming investors and becoming richer or poorer based on fluctuating demand for that merchant's money.

customer, investor -> business partner

Anyone who hold's an organization's money, whether customer or investor, gains the incentive to advocate for that organization, because then the value of the money would rise. This is already evident in the crypto space, as holders of a project's money become willing marketers, advisors, and auditors.

investor -> customer

The preferred method of investing in the crypto space is to simply receive a portion of a project's unique money as an alternative to formal remittance.

business partner -> investor

Crypto businessmen, often make their biggest gains simply by holding the digital tokens or crypto currency associated with their projects. Some, like Satoshi Nakomoto and Dan Larimer, transform their organizations into Decentralized, Autonomous, Communities (DACs), and step away, letting the community manage itself. Their long term role transforms into that of an investors and customer.