Re: The New World Order with Crypto and Blockchain Technology
If a New World Order takes effect soon, do you think that all of the world's governments will make use of crypto and Blockchain technology to their fullest potential? Imagine if one world digital currency existed, where every single country makes use of it worldwide. Central Banks will act as nodes and miners of that digital currency, which is backed by the Blockchain. The single, unified Blockchain will prove to become highly scalable for the world, especially since it'll be extremely centralized.
By making use of Blockchain technology for everything, global control will be enforced as it's much easier to track every single transaction made worldwide. Those transactions will not only involve money, but also transfer of ownership, certificates of birth, driver's license, and other services within the global Blockchain system. This may sound crazy, but if you look at the current situation where many Banks and governments have become interested in the technology, it shows us that it will be implemented in every area worldwide within the not-so-distant future.
Nonetheless, what are your thoughts?
By making use of Blockchain technology for everything, global control will be enforced as it's much easier to track every single transaction made worldwide. Those transactions will not only involve money, but also transfer of ownership, certificates of birth, driver's license, and other services within the global Blockchain system. This may sound crazy, but if you look at the current situation where many Banks and governments have become interested in the technology, it shows us that it will be implemented in every area worldwide within the not-so-distant future.
Nonetheless, what are your thoughts?
To be factual, as much as there are untold advantages that could arise as a result of a uniform currency to be used around the world, the praticability is one issue that I dont see happening in a lifetime. Countries that have been together by trying as much to unify most of their activities such as currency, immigration, language and even form of administration are breaking apart because they feel one is giving more to the union than the other.
There have also been countries within the same continent trying to even have one uniform currency for decades and that is still not close to being implemented. That is not to talk of the world powers always at each other throats in ensuring they outshine one another either by campaign or by spying among other means would even go a long way in frustrating the use of anything that could share the characteristics.