Quote from: blockchainmarketing on October 31, 2019, 03:26:54 AM

As above, there is a problem with the current capitalist system. By issuing a limited amount of this, we'll be able to get away from the threat of hacking into blockchain, and overcome it with a Decentralized Cryptocurrency, which means that everyone shares a distributed ledger with reliability and doesn't need central control. It's my point of view.

Capitalism is not and will never be the perfect economic system, but let me be very clear that all other systems that the world has tried so far were far more imperfect, and that can be the big reason up to now it is still capitalism that took the world by storm. Of course, there are many variations with capitalism as they are implemented because you can inject some features from other systems and introduce them to what the country is practicing.

One of he main problem so far is that today's economy is based on debts and in many times the governmental response to this burden is printing more paper money which are all eating into the purchasing power of the money hold by the people. This should not have been and in the past something like this is managed with a lot of discretion and will always be the last resort and not the perennial easy way out. Today's economic managers have different point-of-views and convictions than their predecessors decades ago, and this is where problems can be creeping up to the capitalistic system.

Can the blockchain and cryptocurrency fixed these problems in due time? Only time can tell. Being man-made invention, it is also not perfect...