Peter himself did not understand much about this digital currency. This is because Peter was more focused on the big picture, the battles and the war that would be happening in the future
The matter of economic and technological advances is not really one of Peter ability. And he did not need to meddle in everything.
The rise of digital currency as the effect of Earth rising up to the type of higher civilization is without a doubt inevitable
In retrospect, it was inevitable.
There are still a few things that they need to solve regarding that currency. But, Peter is very sure that it would not be long before Earth Prime would reach Type II civilizations after that when the matters that underpinned civilization is solved.
And after a Type II civilization, there is the Type III civilization. This civilization outstripped the two other types of civilization.
It could access power and energy comparable to that of the entire galaxy. This is the type of civilization like Asgard and Olympus.
And they surpassed that. There is an extension to that scale which is the Type IV and Type V. Type IV civilization is civilization that can control or use the entire Universe and Type V who control collection of Universes.
And there is also Type 0 civilization who do not rank on the Kardashev scale.
As for Asgard they are a type IV civilization that could harness extragalactic energy sources such as dark energy and even manipulate it to create their weapons and other technology that they possess.
The reason why Fermi paradox ask where is everybody is simply because if any civilization were able to survive all the way to Type III civilization, humanity could that the probably have mastered inter stellar travel by then and possibly even colonizing the entire galaxy.
Before the Fall, there is no discovery of alien civilization. As such there was hypothesis as how a galactic colonization could happen.
One hypothesis is for one of this type III civilization to create a machine that could travel other planets.
When they reach that planet, they could spend five hundred years or so self-replicating using the raw material on their new planet and then send two replicas off to do the same thing.
Even without travelling anywhere near the speed of light this simple process would be able to colonize the whole galaxy in approximately 3.75 million years and a relative blink of an eye when talking in the scale of billions of years
And there lies the question of the Fermi Paradox.
If even one percent of intelligent life survives long enough to become a potentially galaxy colonizing Type III civilization, that calculation would suggest that there should be at least one thousand Type III civilizations in the Milky Way galaxy alone and given the power of such a civilization, their presence upon the whole galaxy would be pretty noticeable.
But before the Fall, Earth did not see nothing, hear nothing and visited by no one
So, it is back to that question? Where is everybody?
Fermi Paradox is not an answer.
It is possible explanations. Ask any different scientist about which one is the correct one about the possible explanation and you will get myriads of answers.
In the past, people debated whether the Earth is flat or round, whether it is on the back of a turtle or stuck in the branches of a titanic tree, whether the sun orbits the Earth or Earth orbited the sun, whether the lightning happens because Zeus hurl his lightning bolt or whether it be Thor smashing his hammer or simply the laws of natures, and the modern human look at all of these debates of the past and they seem so primitive and in the dark about all of it.
That is about where humanity was with this topic. Though, after the Fall, there is a lot of those debates that have changed.
Out of the many explanations that could be used, there is of course some of the most discussed possible explanation for the Fermi Paradox.
To simplify it, there is two broad categories, those explanations which assume that there is no sight of Type II and Type III civilization because there are none of them out there and those which assume they are out there and humanity did not see or hear anything from them for other reason.
The first explanation is that there is no sign of higher civilization because there is no higher civilization in existence.
Those who subscribe to Group 1 explanation points to something called the non-exclusivity problem, which rebuff any theories that says “there are higher civilizations but none of them have made any kind of contact for (and full your blank here with all kinds of reason)
This first group look at the math which is undeniable which says that there should be some many thousands or even millions of higher civilization, that at least one of them would be an exception to the rule.
Even if a theory held for 99.99 percent of higher civilization, the other .01 percent would behave differently and humanity would become aware of their existence.
Therefore, the first group believe because of this, there must be no super-advanced civilizations in the galaxy
But, since the math suggest that there are thousands of them even in Earth own galaxy, something else must be happening
Of course, this is before Earth find out about all of those alien civilization out of Milky Way galaxy like the Weronians, Asgardians, Orvanians and many others.
But before, they believe that if the math suggests that there are thousands of such higher civilization in Earth own galaxy, then what was going on
Here, is where it comes the theory of the Great Filter. The Great Filter theory says that at some point from pre-life to Type III civilization level intelligence and ability, there is a wall that all or nearly all attempts at life hits.
There is some stage in that long evolutionary process that is extremely unlikely or impossible for life to get beyond. And that stage is what many scientists called the Great Filter.
The fact that Loki spoke about the Great Filter acknowledges that this theory is true. That there is a Great Filter.
Peter know the most important question that one should ask about the Great Filter. And the big question is where in the timeline does the Great Filter occurs?
Because, when it comes to the fate of humankind, this question is one of the big ones. Depending on where the Great Filter occurs, humanity is left with three possible conclusion and realities.
The three possible conclusion is that either Humanity is rare, humanity is first, or humanity is fucked.
The first possibility is that humanity itself is rare and that The Great Filter is behind us and humanity had passes through that Great Filter.
This of course would be great news for humanity. This means it is extremely rare for life to make it to humanity level of intelligence.
This scenario would explain why there are no Type III civilization. But, it would also mean that humanity is one of the few exceptions now that humanity made it this far.
This would mean humanity itself has hope.
Of course on the surface this would appear a bit like the people of the ancient ages suggesting that Earth is center of the universe, it implies that we, humanity is special.
And this actually falls into what scientist call the Observation Selection Effect.
It suggests that anyone who is pondering their pondering their own rarity is inherently part of an intelligent life success story and whether they are actually rare of quite common, the thoughts they ponder and the conclusion that they would draw would be identical
This forces human to admit that being special is at least a possibility.
And if one reaches this conclusion, the conclusion that we are special, then when exactly did we become special
In other words, which step of the evolutionary process that we surpass that almost every other organism unable to pass that makes us so special?
There is a few possibility and one of the possibility is that the great Filter is actually could be at the very beginning.
Which mean, under this theory, life…. itself is unusual. For those who subscribe to this idea, it might actually be incredibly unusual for life to begin at all.
Many also believe in this before the Fall.
The reason is because it took about a billion years of Earth existence to finally happen and because before the Fall, scientist and many thinkers have tried extensively to replicate that event of life in labs and have never been able to do it
If that beginning is truly the Great Filter, it would mean that not only is there no intelligent life out there, there may be no other life at all.
When Peter thought of this, his mind naturally wanders toward the existence of the Etherna. Etherna race probably reached this conclusion.
They were the First race of the Universe and the discovery that they were first actually did not ease them at all.
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