Some blockchain technologies support dictatorships around the world, thus help them evolve. For example, NEM was involved in creation of El petro in collaboration with Venezuelan government, which is obviously a dictatorship, and gained support from non-democratic Russia. It also tries to establish blockchain in failed states, such as Abkhazia, and Armenia, where political stability leaves much to be desired.
Is it ok for dictators to possess blockchain or is it an obvious threat to democracy? What do you think?
Bollocks, and sorry for coming off strong. I think the countries trying to utilise cryptocurrency are doing so to get around the crippling sanctions placed on them by the west. How is it an ok thing to punish citizens of a country for the actions of their leaders? The only people effected by sanctions are the poor. Seems pretty counterintuitive to me