Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Which industries will get disrupted by Decentralized Blockchain Technology?
by
planet-crypto
on 28/05/2019, 18:33:13 UTC
⭐ Merited by pooya87 (1)
Which industries do you think will get disrupted by Decentralized Blockchain Technology the most? In terms of real world use case applications of Decentralized Blockchain Technology, which ones would you say will have the greatest positive impact in the world.

Banking
Government

Banks are for those who cannot be their own bank (bitcoin already solved this)
Government is for those who cannot govern themselves, laws are for the obedience of fools.

The next few things will be

Courts, Internet, Inventory, Supplies, Patents, Filesharing, Anticheats, AI, Databases... Etc trying to make a list for them here.
https://bitcointalk.org/index.php?topic=5141142.0

Banking and other Financial Institution will be the biggest followed by Government. That is the reason every day mainstream Financial media is trying to create FUD in Crypto Universe and circulating Fake News. The amount of money these guys have invested to create a chaos is huge. Government on the other hand are trying their level best to BAN cryptocurrency or are trying to control them by issuing regulatory measures.

Government Regulation is not necessarily a bad thing though, in fact, in order for cryptocurrency space to come to fruition, in my opinion, Government regulation is required. What I mean by government regulation is the enforcement to prevent money laundering, tax evasion, and elimination of cryptocurrencies in the black market for various illegal activities. All these things can and should be regulated by the Government. Obviously a blanket bank on crypto's by the Government shows their own ignorance but not all Governments are of this position. Some governments have started to partner with particular Cryptocurrencies (see Cardano for example) for a better future for the public.

Banks would definately get hit but they will use crypto for their own benefit under the guise of Blockchain. Eventually, I also think that banks will have to admit defeat.

I am particularly interested in what industries within the business sector you think will get disrupted the most?.