“Like it or not, we live in interesting times. They are times of danger and uncertainty; but they are also the most creative of any time in the history of mankind.” - Robert F. Kennedy in 1966
In the 57 years since Kennedy uttered those words, times have become even more interesting and that much more creative.
Today, as the dollar stands on the precipice, and Keynesian flaws become insurmountable, technological creativity has fostered the soundest and most egalitarian monetary and economic systems in the history of humanity.
These days, individuals, and businesses, alike, are benefiting from decentralized currencies that provide the ability to not only purchase goods and services and hedge against inflation, but also to receive consumer rewards and partake in potential currency appreciation.
But this currency revolution is just the tip of the iceberg. Rising through Keynesian ashes is a better macroeconomic solution called, Participate-2-Earn Economics (or P2E Economics for short), that is about to utterly transform how wealth is created and accumulated.
P2E Economics – which is made possible by decentralized innovation and scalable via emergent web3 apps - allows anyone, regardless of one’s financial circumstance, to amass wealth simply by engaging in one’s daily routines.
With P2E, individuals can easily sock away hundreds of dollars of supplemental monthly earnings just by pursuing common pastimes such as posting on social media, taking educational courses, watching entertaining videos, listening to podcasts, surfing the web, exercising, and even shopping.
Innovators, from across the globe, have been prolifically building a self-sustainable P2E infrastructure that will enable all individuals to readily and dependably monetize their activities. Using these real-world-asset-backed foundations, P2E Economics has the potential to become the economic orthodoxy that replaces Keynesian Economics.
I created the Decent Millionaire (short for Decentralized Millionaire) on Substack to help people profit during these most interesting economic times.
Although I have been writing about the evolution in finance for many years and have been published in numerous outlets, I chose Substack for the Decent Millionaire specifically for its superb interaction tools that allow us to communicate directly and seamlessly.
Because I love to write almost as much as I love to learn, I want to hear your insights – even the criticisms. I am confident about the promise of P2E Economics. At the same time, I believe that anything can be perfected through collaboration. As such, I hope you feel free to contribute to the conversations and keep the dialogue flowing. Substack even provides a private space for us to converse and connect directly - a feature I plan to start taking advantage of in the near future.
If you haven’t already done so, I invite you to subscribe to the Decent Millionaire. It costs nothing to subcribe, but you will find the benefits to be substantial. Individuals will learn how web3 can make them healthier, wealthier, and wiser – all without investing a dime. Policymakers, financial professionals, and economists will gain an understanding of how this new macroeconomic framework will foster economic expansion, narrow wealth gaps, raise national literacy rates and ensure proper healthcare and ample retirement savings for all.
Best of all, policymakers will learn how P2E could resolve all of today’s retirement challenges without forsaking the consumption necessary to expand GDP and without them ever having to raise the retirement age, increase payroll taxes, cut promised retirement benefits, or even disrupt existing retirement plans.
I look forward to collaborating with all of you in the Decent Millionaire substack community as, together, we pioneer a gateway to prosperity during these most interesting times.
Sincerely,
Dara Albright