Post
Topic
Board Economics
Re: What would a Crypto-only economy look like?
by
stompix
on 23/05/2020, 11:20:17 UTC
big corporations might cease to exist as everything will be guided by both Blockchain technology and AI

Socialist utopia, why would a corporation cease to exist, and why should it in the first place?
Are you going to make your own car, your own shampoo, your own cereal with the help of a blockchain? Good luck with it.

People will be able to gain autonomy over their own money, reducing corruption and fraud in every way possible.

Yeah, this forum scam accusation board is the perfect example of how cryptos reduce fraud. To nothing!
I mean, Mt Gox, Bitcoinica, QuadrigaCX  , Mintpal, CoinEX , yeah..there will be no fraud!

Negative events in the mainstream world will have little to no effect on the world's economy, as it lives in cyberspace.

Until somebody pulls your plug and you realize there is a raccoon eating your foot.

No one will be able to control people's actions worldwide, as it'll be a "free for all" scenario.

Yeah right, let's return to the Pleistocene era, no laws, free for all. It was a marvelous and wonderful era in human history.

While all of this seems to be more of a dream than anything else, there's a possibility it could happen in the future if people lose trust in governments, central banks, and conglomerates alike.

Nope, it's not a dream, you're trying to paint it as a dream but in reality it would be a nightmare! Dreams are things that are born from happiness, yours started with the hate for the current world when people follow what you want them to follow. This is not freedom, it's just you imposing your view on others.