You’re in your cubicle. The local radio station distracts you with 4/4 beats, and a DJ whispering sweet nothings through the airwaves. In other cubicles, co-workers bide their time, waiting for the time when they can clock out and meander to the local lowbrow lounge and drink away the pent up energy accumulated from a long day sitting on their asses. Beyond that, they’re looking forward to payday.
When you’re at work, you’re not that stoked. You answer emails in between a sojourn through the land of Facebook or Reddit (maybe your cat photos are going to make it to the front page). You’re waiting for two days each month: payday, the first and fifteenth.
They don’t come soon enough, and in between it’s a grueling wait. You’re just waiting to get paid, a simple deposit in your bank account or a cheque. It works well enough. You wait for that day, so you may buy new clothing or even just to pay rent. God forbid you don’t get paid. You got kids to feed! (or, less pressing, some marijuana or alcohol to buy)
What does blockchain have to do with all of this?
“Blockchain” refers a distributed ledger, championed by some financial technologists as a great means of transmitting data, and theoreticians today have speculated that the decentralized digital currencies of today’s internet- such as Bitcoin – are in many ways just certain types of data. What Bitcoin does best is transmit value in the form of data across borders, between whomever, quickly and seamlessly. This means payments have never been easier. Thus, payday can be made easier, also. Hell, why not make every day payday?
Many early Bitcoiners claimed they were looking to aid the world by helping build the online creation community known as Bitcoin. In fact, Bitcoin has made […]
