Post
Topic
Board Economics
Re: Will blockchain technology have a destructive effect on the financial system?
by
Johnyz
on 11/10/2020, 22:29:17 UTC
There is a lot of talk about blockchain technology. The creator is defined as a genius, but will this genius not fundamentally destroy the world as we know it. To leave thousands of people jobless and make the division between rich and poor even greater.
Blockchain technology helps many financial institution now and I don’t think it can ruin the whole financial system the they used to be, they have to adopt it or else they will be left behind. There’s already a huge separation between poor and rich, and I don’t think blockchain can make it worst.