I assume that I am not the only person on the planet who considers this question about the future.
My question is this..... The current capitalistic system of publicly traded companies selling shares
that are then being purchased by companies and individuals..... is that going to stay the same in the next 10-100 years?
Will the ownership of common or preferred shares/etfs/bonds/mutual fund units always be the most common way to take and retain ownership of a company into the foreseeable future?
Some folks, with an unfailing enduring faith in the stock market, have planned and feel strongly that the stock market will always and indefinitely retain powerful financial value down on into the next generations of humanity.
I tend to hope that this will be true. But sometimes I can't help wondering if the nature of wealth is going to change. With technological and political changes that are in some ways inevitable and gathering momentum, will the stock market, such as it is today.... remain the best way to hold and pass along wealth to the next generation?
Will other strategies be birthed sooner rather than later, that will carry wealth a little more fluidly?
Will these strategies be more "disaster and creditor proof" than the others?
I recall listening to a bitcoin developer speak about how he was working on new
virtual "smart contracts"....that basically a company can be formed instantaneously without much human intervention, and also garner investment with little human elbow grease required.
Wouldn't it be something to be able to create a company and gather investment funding all in one day from the comfort of your computer, in such a way that all laws and regulations would be fully satisfied? Would these "smart contracts" be so bullet proof as to be capable of carrying and multiplying wealth in the next decades and hundreds of years? Or a "smart contracts" merely a tech wizard's virtual video game that will garner money from millions of gullible computer geeks who may soon see that money disappear into the air? or shall I say the ethernet?
What do you think? Do you think that in 50 years from now, that we will still be buying and selling shares on a publicly traded stock market? Or will there be new products and technologies that open up new and improved methods of investing for our children and grandchildren?
Do you find yourself wishing and hoping that things stay the same and that your heirs can simply spend the dividends from the stocks you have given to them as an inheritance? Or do you hope that other "smarter" investment vehicles will come onto the mainstream market place to help you secure your family's financial future into the far off future?
Do tell, share what your thoughts are.
in Peaceful productivity,
C.
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My question is this..... The current capitalistic system of publicly traded companies selling shares
that are then being purchased by companies and individuals..... is that going to stay the same in the next 10-100 years?
Will the ownership of common or preferred shares/etfs/bonds/mutual fund units always be the most common way to take and retain ownership of a company into the foreseeable future?
Some folks, with an unfailing enduring faith in the stock market, have planned and feel strongly that the stock market will always and indefinitely retain powerful financial value down on into the next generations of humanity.
I tend to hope that this will be true. But sometimes I can't help wondering if the nature of wealth is going to change. With technological and political changes that are in some ways inevitable and gathering momentum, will the stock market, such as it is today.... remain the best way to hold and pass along wealth to the next generation?
Will other strategies be birthed sooner rather than later, that will carry wealth a little more fluidly?
Will these strategies be more "disaster and creditor proof" than the others?
I recall listening to a bitcoin developer speak about how he was working on new
virtual "smart contracts"....that basically a company can be formed instantaneously without much human intervention, and also garner investment with little human elbow grease required.
Wouldn't it be something to be able to create a company and gather investment funding all in one day from the comfort of your computer, in such a way that all laws and regulations would be fully satisfied? Would these "smart contracts" be so bullet proof as to be capable of carrying and multiplying wealth in the next decades and hundreds of years? Or a "smart contracts" merely a tech wizard's virtual video game that will garner money from millions of gullible computer geeks who may soon see that money disappear into the air? or shall I say the ethernet?
What do you think? Do you think that in 50 years from now, that we will still be buying and selling shares on a publicly traded stock market? Or will there be new products and technologies that open up new and improved methods of investing for our children and grandchildren?
Do you find yourself wishing and hoping that things stay the same and that your heirs can simply spend the dividends from the stocks you have given to them as an inheritance? Or do you hope that other "smarter" investment vehicles will come onto the mainstream market place to help you secure your family's financial future into the far off future?
Do tell, share what your thoughts are.
in Peaceful productivity,
C.
Tweet
