Post
Topic
Board Altcoin Discussion
Re: Dictators using blockchain - threat to democracy?
by
hiddenmist
on 09/05/2018, 13:20:48 UTC
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?
Blockchain technology has nothing to do with democracy. Anyone can use it on good and bad purpose. If you try to restrict it then it is not democracy at all. Democracy is US is not democracy at all. They have many new laws that contradicts democracy.