Re: 2020 the year of Bitcoin technology getting accepted by governments
Is there any reason for such claims or are you just dreaming out loud?
This idea that blockchain is gonna be used everywhere doesn't make much sense.
Blockchain is a slow and expensive database. Unless you have a very specific problem that blockchain will solve, it shouldn't be used. In most cases, blockchain is not applicable to the problem.
I so t think governments are going to use it everywhere to become more transparent. There are other way to become more transparent, which are less expensive.
Very well said, This idea that blockchain is gonna be used everywhere doesn't make much sense.
Blockchain is a slow and expensive database. Unless you have a very specific problem that blockchain will solve, it shouldn't be used. In most cases, blockchain is not applicable to the problem.
I so t think governments are going to use it everywhere to become more transparent. There are other way to become more transparent, which are less expensive.
Governments will surely ignore this kind of technology and one of the reasons is corruption that would stop them from stealing money in their specific country but I'm not saying all governments are corrupt but most of them are. Big companies have a higher chance of using Blockchain technology to solve most of their problems.