Post
Topic
Board Economics
Re: LETS KICK OUT POVERTY USING BITCOIN
by
Hui8
on 20/10/2018, 12:24:30 UTC
I can see that you have got huge fire of the bitcoin in you and you want to like change the world with it but lets be calm and discuss some cons that may arise within the crypto use which cant really achieve our dream. At least not today or until there are some big modifications comes to the crypto.
Well, first thing is bitcoin is completely pseudo-anonymous and thus it is clearing out the thing that it cant be used anti-courrupt coin. It is still used for the corruption of many organisations which use it. It still carries unidentified tags with it no matter what. There is no way it can be used in the government system or it will take huge infra to do that. The money will flow unidirectional always and thus might just reduce the potential to overcome poverty and stuff like that.