Post
Topic
Board Economics
Re: The New World Order with Crypto and Blockchain Technology
by
jmigdlc99
on 02/10/2019, 06:13:27 UTC
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? Huh

That sir is a very idealistic vision of what blockchain and crypto can do for the world. However far feteched it may be, theres just so many risks involved that governments will have a hard time approving something like this.

What if the world blockchain gets hacked? With such a high stakes reward, there will surely be groups of people interested in hacking it to their advantage.