DIGIFIZZY de Emma-Jane MacKinnon-Lee

ZK Zeitgeist

How’s the economy doing?

That question, is misleading.

It’s a misunderstanding of the implications of an otherwise obvious truth— that we are in a period of tremendous historic volatility across economies and societies, is obvious. What’s not so clear is which direction all of the arrows are pointing.

Some, if we subset correctly, are clearly heading down, fast. Others, like inflation, are heading up, but with results that are negative for everyone. In a paradigm shift like this, however, there are real winners. And the “which economy” matters entirely. Web3 is actively reshoring self sovereign production capacity at all scales, from individual to national. Locally distributed throughout the globe.

It is the interconnective patch work set of secure scalable conduits which replaces the currently locked up, slowed down and clogged up, previous era of globalised supply chains with concentrated centralised factory production that had gotten cozy mass producing low quality crap under tight regimes of tyranny.

A smarter take on what’s happening underneath all of the media noise about all of the economies that we participate in, is that baseline economic demand is far outpacing production capacity. And this is going to be true for years as hundreds of billions of dollars, euros and equivalent are poured like cement for reinforced steel structures into catching up with all of that demand.

There’s always demand for more capital, more thread and more innovative production capacity. The YCs will tell you to hide your sister, hide your wife, cut spending to the bone and beyond so that you can survive the ravaging bears.

But in these economies, survival isn’t enough. The Boomers won’t unretire, Russia’s isolation won’t be undone for a long time, the Chinese will take years to figure out which direction they’re heading, and the post pandemic rebound means populations everywhere remain entirely unwilling to be shut in again.

Markets are hungry for goods that are failing to reach them.

All of this volatility means delta, and delta means nothing over than expansive opportunity waiting to be recognised.

Web3 know-how gives us the tool kit and the roadmap for how to actually revamp production and gain capital independence by meeting the otherwise unquenchable demand.