Post
Topic
Board Bitcoin Discussion
Re: Can Blockchain technology survive without Crypto currency?
by
Pursuer
on 08/12/2018, 04:34:36 UTC
Sorry for this naive question. But I always have this doubt in my mind.
In my opinion, it should not since Blockchain is engine and Cryto is fuel.
Anyhow, I am afraid that I might be wrong.

Cryptocurrency in this Cryptonomics seems promising but lacking of adoption I would need more advice from your guys.

Cryptocurrencies are just one application of blockchain, and if all cryptocoins get banned the technology will survive, because the application it has is huge. Blockchain offers a new and revolutionary way to manage databases, so, with or without cryptocurrencies blockchain has come to stay with us.

Thank you.

Anyway, your answer makes me nervous more about Crypto.
Mind I ask why you still believe in Crypto even Blockchain can survive by itself?

In my opinion, US Government will utilize Blockchain for using their own token.
In that case, how BTC will be value in that circumstance. I mean if all Blockchains are surviving individually....

the same way that bitcoin is valuable right now despite US government owning and printing US dollar which is a centralized form of money in physical form. if they change that form from physical to digital or to crypto that still doesn't change anything about bitcoin, bitcoin will still remain the same old decentralized cryptocurrency without inflation.