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How Cryptocurrency could Save the World and Why it Needs Someone Like Elon Musk to Lead the Revolution

Governments aren’t brave enough to lead the change that is required. The man with the maracas might be…

Chris Herd
3 min readDec 22, 2017

Governments have used Nudge psychology for years, influencing our behavior unbeknownst to the majority of people. Could they incentivize you with micropayments in Crypto to take specific actions instead?

Instead of nudging us to act a certain way, we would instead be rewarded by acting in ways which were universally agreeable. The resulting implication would be a world where if you are a good citizen you are rewarded.

There is massive potential for this model to tackle a significant portion of the world’s biggest problems

We could incentivize people to recycle more, consume less energy, cut down fewer trees, use specific pieces of infrastructure that reduce pollution, the list is endless. Any actions which you can envision which is undertaken universally across the globe, for which the result is detrimental to the planet, or a nation, or a city, could be receptive to this model. It could be used as an incentive to pursue certain career paths or choose certain…

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Chris Herd
Chris Herd

Written by Chris Herd

CEO / Founder / Coach @FirstbaseHQ Empowering people to work in their lives not live at work ✌️✌

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