The Peer-to-Peer, or P2P, Economy is a fully distributed (as opposed to centralized and decentralized) model wherein participants interact directly with each other versus through centralized authorities, intermediaries, gatekeepers, 3rd parties and middlemen. The buyer and seller of goods and services deal directly with each other, often at dramatically lower costs, greater transparency, and with the advent of zero trust blockchain technologies, greater safety.
Veritaseum: The Onramp to the Peer-to-Peer Economy
This form of an economy should not be viewed as an alternative to traditional capitalism, but as the next step in the progressive evolution of capitlism. It is not a anarchistic revolution, it is growth and development buttressed by the advent of new technologies. Think of the economic evolutionary step that occurred when currency exchange took the place of physical barter.
Veritaseum - Addressing.the.Largest Market in the World
The P2P economic process is not structureless. Instead it is a fluid, dynamic structure that adapts to the changing needs of its constiuency in real time, since its structure literally consists of the wants, needs, demands and supplies of its constituents on the most granular basis possible - the individual user.
Veritaseum - Enter the Blockchain
It's breakable, but impossible to be destroyed. It is literally "anti-fragile". More importantly, it is completely heteronomous (reference What is Veritaseum? A Layman's Explanation).
The rules of the P2P economy are derived from its mass of users, not any external authority (centralized or otherwise). The authority is generated from within the community, and the larger the community, the more authoritative the law. In the case of Veritaseum, we're talking millions of users and potentially billions.
Team Veritaseum
The P2P economy does not deny ‘authority’. To the contrary, it enforces it with immutable force through mathematics. It does eliminate the downfalls of fixed position (ex. centralized) forced hierarchies. It's arguable that the P2P economy may be the first true meritorious compensation system in a modern economy.
Veritaseum: Patents, Paradigms & Expected Returns
Key components of the P2P economy:
There is as close to a zero threshold for participation as possible. This means that almost everybody can participate, not just the select or chosen few.
It is "Equipotent", meaning there is no prior formal filtering for participation. Essentially, the role of the official gatekeeper has been removed.
The Full Veritaseum Introduction for Investors
