The current financial system forces individuals to act as accountants, hindering their ability to focus on providing value and exchanging services. Many are trying to create a future world where data can be converted into money so people can exchange their private data for free services with explicit transactions taking place for transparency.
The current financial process forces people to have a deep understanding of financial mechanisms, which may hinder their ability to provide value in higher layers. However, the promise of converting data into money, where explicit transactions can occur, could lead to frictionless transactions and massive innovation in the digital world.
The progress of technology is a foregone conclusion and it will transform the world with new applications and ideas that have already seen success and traction throughout history.