Post
Topic
Board Economics
Re: Will blockchain technology have a destructive effect on the financial system?
by
FlightyPouch
on 11/10/2020, 22:49:32 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.

I don't think it would destroy or tip the balance of what we have right now. I think instead of destroying it, it would be the opposite, it would improve some of the technologies being used right now and that also means creating more efficiency and security to what we have right now. Blockchain is just a technology that we can use and not an AI or a robot that could replace the jobs of this people.