Predictions about the future of financial systems (Part 1)

A roadmap based on technical understanding of Bitcoin, Ethereum and the lightning network

In a previous post, I shared about the biggest failures in predicting the future, specially when it comes to the technology domain. It’s a fun post to check. In 1964, Sir Arthur Clarke said the following famous quote:

Trying to predict the future is a discouraging and hazardous occupation, because the prophet invariably falls between two stools:

- If his predictions sound at all reasonable, you can be quite sure that in twenty or, at most, fifty years, the progress of science and technology has made him seem ridiculously conservative.

- On the other hand, if, by some miracle, a prophet could describe the future exactly as it was going to take place, his predictions would sound so absurd, so far-fetched, that everybody would laugh him to scorn.

This has proved to be true in the past, and it will undoubtedly be true, even more so, of the century to come. The only thing we can be sure of about the future is that it will be absolutely fantastic.