Post
Topic
Board Politics & Society
Re: Trade war China and US
by
IPVPIRL
on 23/05/2019, 13:26:54 UTC
I really think this trade war going on is an opportunity for us all who believe in a decentralized world, can start promoting blockchain technology. And I mean talking about it everywhere. News, e-magazines, etc. Blockchain  can solve all of those problems. All it needs is recognition.

jes these trade wars are a huge opportunity, but why should the people switch their national banking cartels for a corrupt network of cryptocurrency indexes?
What do you mean by corrupt network? Decentralization cannot be corrupted.

I think he means the price manipulation occuring with fake volumes from exchanges, tether printing etc. There are exchanges posting billions in trading volume, while the actual trades happening are only thousands of dollars. Senting money from your right pocket to your left isn't trading. Also volume is a solid indicator for a possible pump in price. So this indicator being manipulated by exchanges or whales is significant and makes traders life difficult. Still your point wasn't that at all. I completely agree that the only blockchain that is quite decentralized is Bitcoin and should be the model for worldwide trading. Although because of the fact that all transactions are on a public ledger and are traced by organizations, especially the large ones, I'm not certain if such trade blockades can be bypassed this way or they make things worse.