Jack Dorsey, the designer behind some of the most popular internet sites, including Twitter and Craigslist, hopes that the “blockchain” will revolutionize how the world economy functions. The “blockchain,” a term that is used to describe the technology that undergirds the way people trade and communicates today on the internet, could help to eliminate the power of the banks and financial institutions in the process. The power of money would be removed from the hands of banks and removed from the lives of ordinary citizens who desire better economic opportunities for themselves and their families. If you have ever wondered what Dorsey is really saying when he states that he hopes, “Blockchain technology will help to bring about world peace.”
In order to understand what Dorsey is talking about, it is necessary to look at how things work in the world today. For instance, if you have an outstanding warrant out for your arrest, it would be difficult for you to simply walk into the courthouse or police station, or request a court date. Instead, you would probably be advised to turn yourself in, face whatever charges you are accused with, and make arrangements for your bond hearing to set a date for your court appearance. If you are unable to appear in court on the set date, or if your attorney is unable to arrange a bond with the courts, then you might even be detained without bond, which can mean having your assets seized by the court and sold to satisfy your debt. The outcome of any of these events depends upon what the police department or judicial authority decides.
As Dorsey points out, the current system of money is designed in such a way that it causes wars. Governments go to war with one another in order to gain control over valuable resources. This creates shortages in world markets, creating hyper-inflation, interest rates that are too high, and spiraling economies that are forced to seek hyper-inflation as a solution to their problems. In a very short period of time, this happens over again. Many people blame this on “over-regulated capitalism”, which is false, but because people do not understand how the global monetary system works, they blame it for every problem they see.
Fortunately, however, Dorsey hopes that JavaScript will help bring about world peace through capitalism. Through the use of privately controlled money, he says, entrepreneurs and small businesses can establish the infrastructure necessary for a free market, allowing the free exchange of goods and services among nations. By providing services like cash transfers and loans to each other, consumers can increase their freedom of action and enjoy a higher standard of living. Since the government cannot force its citizens to use the money to purchase anything they want, they cannot do anything that would cause hyper-inflation, either.
In order to get there, however, Dorsey believes that JavaScript must be made available at a reasonable rate to the public. He claims that by doing this, consumers will demand that their leaders provide them with an option to freely exchange money. By making the monetary system as free and fair as possible, Dorsey hopes that the world will begin to realize that there are better solutions than forcing individuals to spend their lives working for the government. In the process of promoting world peace, he also hopes that JavaScript will help individuals reclaim their right to participate in free markets and determine the value of their own life.
At the root of all this is a belief that all people are created equal and deserve freedom. Although everyone desires a different lifestyle, Dorsey sees JavaScript as providing an answer to the poverty-ridden world. By offering an alternative to the hyperinflation that has crippled many countries over the last century, he hopes that JavaScript will encourage citizens to rise up and fight for their rights. By creating a more stable environment for citizens to live in, Dorsey believes that this will help solve world poverty. By helping to stabilize the value of their money, Dorsey hopes that the citizens of the world will finally understand the importance of world peace.
JavaScript is unique in that it is the first computer program to use random number generators to generate income instead of depending on pre-set laws of economics. By using random number generators, Dorsey believes that JavaScript will help remove the worry that accompanies global warming. Global warming is one of the major causes of political instability, and the instability could spread throughout the world if action is not taken to stop it. By removing the worry from global policymakers, Dorsey hopes that JavaScript will empower individuals to do what is right for their countries and protect the world for their future generations. By using this powerful resource to help solve world problems, Dorsey feels that JavaScript will help bring about world peace.
By creating websites that allow consumers to purchase goods and services for pennies on the dollar, Dorsey believes that JavaScript will help the United States has become more self-sufficient. By creating these sites for the masses, Dorsey feels that consumers will have the confidence and support to make the necessary changes needed to make the world a better place. Through her nonprofit organization, Creative Life Foundation, Dorsey hopes to empower millions of people to realize their potential and give back to the world. In order to do this, however, Dorsey believes that consumers need to be educated about the importance of the dollar and how it can help create world peace. Through her website, she hopes to give these people the tools they need to achieve these goals and become an influential force in their communities and around the world.
