The world of 2050: Yin-transition to the ‘Soft Dictatorship’
... parameter for the broader market analysis, which could indicate that unbacked crypto-assets could now develop without increasing interconnectivity with traditional finance. Furthermore, independent development will likely be crucial for the industry’s future growth. The methodological distinction between the ‘Yin economy’ (sufficiency, cooperation, ‘mutual credit’ created by participants themselves) and the ‘Yang economy’ (scarce, competition, ‘fiat’ created by a central authority) has been suggested by Bernard A. Lietaer. Mr. Lietaer has limited ...