Bitcoin Cash Is a part of the Fifth Industrial Revolution

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2 years ago

The world we know today has undergone several metamorphoses to reach the status for which it is known today.

There were several transformations that took place during the industrial process to ensure that the humanity that exists today had a dignified life and also that the working class continued to work for development. It has led to many scientific and industrial revolutions to date, but here I will highlight a few that shaped what it is today.

Industrial revolutions that took place in the world

History says that the first industrial revolution took place between the years 1760 to 1840 and aimed at large-scale production in the agricultural field, where the artisanal field of production gave way to the introduction of the industrial model that exists today.

One of the striking aspects during the entire process of replacing the artisanal branch to the large-scale industrial branch was the transition from the same to salaried workers and assistance through the use of agricultural machinery.

It began in England where it later spread to vast territories of western Europe and the United States of America, where the basis was the massive use of agricultural machinery as well as innovation in the production process, here there was also development of manufacturing and use of chemical products in the plantations, there was also a great expansion of the transport of people and also products. The most developed means at the time in the area of ​​transport were the trains with the appearance and construction of more access railways as well as steam-powered ships powered by fossil fuels, the first being coal.

Coal was also used in factories to move machines and it boosted the steel industry, which was the pillar for the emergence and handling of the civil construction industry, very important for the emergence of large metropolises in the world.

The emergence of the civil construction industry was also a major cause of the rural exodus of people to industrial centers, where they looked for employment and consequently changed their lifestyle.

The second industrial revolution took place between the years 1850 to 1945 and its apogee was the development of the chemical, electrical, steel and oil industries.

It should also be noted that it was already the second industrial revolution that the development of means of transport and communication had a great impact. Steel ships began to replace those made of wood, mechanical refrigeration and the telephone were also invented here.

For those who still think that canned goods are recent, let us clarify that they were invented in the second industrial revolution, as well as mass production and most importantly for humanity, electric energy also had its great development in this revolution.

Motor vehicles will also explode in large metropolises subdivided into private transport as well as cargo. It is in the second revolution that it can be said that transport had its massive growth around the world.

The third revolution is the one that takes place between the 1950s and 2010, it is here that mechanical and analog technology gradually starts to be massively replaced by digital. The third revolution is marked by the use of microcomputers and the invention of the internet in 1969.

Files are systematically stored digitally and robotics is invented taking its role also in the history of the industrial revolution. However, it is also in the third industrial revolution that the United States of America enters the cold war with the Union of Soviet Socialist Republics (USSR), a time of great advances in science with the trip to the moon in 1969 and the consolidation of capitalism at a global level. world in the economic sector.

This revolution also ended with the Soviet Socialist Republics (USSR) in the year of 1991.

In terms of energy, it was marked by the introduction of new sources such as nuclear, solar and wind. Here, genetic and biotechnological engineering is also developed, leading to greater computerized production.

Not all of this was enough yet, as there was still a crucial element missing for the world to enter the technological boom, the invention of the cell phone in 1973, leading the world to the fourth industrial revolution!

In the fourth industrial revolution, which we can certainly say took place from 2011 onwards, its main objective is to bring together all the previously registered revolutions and form an industry willing to generate knowledge and productivity.

The fifth industrial revolution hosts the invention of Bitcoin and the emergence of peer-to-peer electronic cash

As we can see, the whole set of industrial revolutions gave rise to the massive use of the internet and led to the internet of things being verified.

But, not everything is for the good of men and it is easily forgotten that all revolutions had the participation of geniuses who gave their knowledge in favor of human development, created things that facilitated the world and today it is fully developed thanks to they. There was the invention of energy, which makes the use of computers and the internet efficient.

Geniuses gave their knowledge and helped to create cell phones that are now connected to the internet and where a lot of things could be invented within it that makes it more easier for men to connect and communicate without their physical presence being necessary.

Since 2011, the fourth industrial revolution began and it was also here where the fifth revolution begins with the creation of the first decentralized currency in the modern world, Bitcoin Core. Exactly, Bitcoin Core marks the beginning of the fifth industrial revolution where man is his own bank and could, without the help of third parties, directly control his money.

However, the creation of Bitcoin Core wasn't enough for the world as it was still necessary to understand if the currency truly works for the people in the fifth industrial revolution and to be a success among those involved. The world is big and most of it is poor and uneducated, so to achieve an industrial revolution worthy of the world would require an inter-planetary payment system that works for everyone living on the planet.

The emergence of decentralized peer-to-peer digital money to confirm the fifth industrial revolution

For the fifth industrial revolution to have real effect, it was necessary to accommodate more people and truly use decentralized digital money via the Internet. The internet is used in the fifth industrial to generate and facilitate peer-to-peer payments where the people doesn't need to have a bank account and involve a third party to transact.

Bitcoin Cash plays this role in a lot and makes the internet of things more accentuated and payments secure, with no need for the involvement of banks or governments, which makes the system autonomous and free from human interference to effectively work.

Imagine a system that everyone can have under their own control, a digital money needed to make everything they want, make payments, send money or even make investments without ever go through banks or ask the government for permission to use their money anywhere on the planet at any time of the day paying extremely low fees.

We are already in the fifth revolution and in it people are free to send their money and can use it whenever they want, the sixth industrial revolution will be one in which fiat money ceases to exist and becomes obsolete where decentralized digital money (BCH) will have a greater preponderance.

If people still don't have digital money accumulated, this is for sure, the time to start doing that because the next years will be marked by massive use of digital cash and, where paper money will go down in history and will be found ONLY in the Museum.

Bitcoin Cash is the fifth industrial revolution in decentralized digital payments for the world using the internet and blockchain.

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Nice article highly informative

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2 years ago

Nice for passing by and leave your support

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2 years ago
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2 years ago

..and i am glad being part of the fifth revolution, and we continue moving, Bitcoin Cash the future of digital payemnt

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2 years ago