The Dead Horse Theory is a satirical metaphor that shows how many people, institutions, or countries face obvious problems without accepting reality. Instead of acknowledging that something isn't working, they seek excuses and useless solutions to justify it.
The central idea is clear: if you discover that you are riding a dead horse, the wisest thing to do is to get off and move on.
However, in practice, many prefer to cling to the obsolete rather than evolve. And this is exactly what happens with traditional money and the lack of adoption of new technologies like WorldCoin.
How this theory applies to the current financial system🌐
Instead of accepting that the traditional financial system is full of barriers, exclusion, and excessive control, many governments and institutions insist on useless solutions, such as:
Printing more money, even though it only generates inflation and devalues currencies.
Tightening regulations instead of facilitating global financial inclusion.
Changing the leaders of the banking system in the hope of getting different results, when the problem is structural.
Create committees and studies about 'the future of money', only to conclude the obvious: cryptocurrencies are already revolutionizing finance.
Discrediting projects like WorldCoin without understanding their benefits, simply because they challenge the status quo.
Redefining what 'financial inclusion' means to make it seem like the current system is still viable, when reality shows the opposite.
Lesson learned
The adoption of WorldCoin represents a real alternative to this 'dead horse' of the traditional financial system. Instead of continuing to invest time and resources in something that doesn't work, it's time to move towards new decentralized, secure, and inclusive solutions.
Those who understand change do not waste time justifying the old, but rather embrace the new. The question is: will you continue to ride a dead horse or will you join the financial evolution?
