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Board Beginners & Help
Re: What will happen if crypto currencies dominate the earth?!!!
by
braindeadgenius
on 01/04/2018, 20:49:22 UTC
Don't get me wrong i love crypto currencies and support blockchain technology all the way.  but i had that thought last night so i want to share it with you,  what will happen exactly if bitcoin and other crypto dominate the earth and replace the current financial will that help the world or it will destroy the world econmy? I would love  to hear your opinions, thoughts, visions  on this topic please is there a safe passege for that or no?

If PoW based, maybe there will be no forests anymore?

Replantation has come quite a long ways.

Banks are a major influence in drafting laws, at least in the United States. And they really don't like cryptocurrency because there is no reliance on the banking system in order to support it, if it becomes fully adopted. I think cryptocurrency still has a long way to go in order to become adopted by the majority of people throughout the world. I mean, imagine a private party sale of a vehicle utilizing cryptocurrency, especially for valuable vehicles ($50-100k and more). I guess the super rich may initiate a bank transfer, but, how quick would the turnaround be. There's definite benefits it brings to world problems, or efficiencies that it brings.