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Showing 3 of 3 results by Leona unice
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Board Economics
Re: World Governments Are Probably More Enthusiastic About Blockchain Than Perceived
by
Leona unice
on 21/06/2018, 07:31:56 UTC
They won`t be so enthusiastic,when they find out how much it will cost to implement the blockchain technologies and much electricity will be consumed.Again,the only one,who is going to make the big profits from this treand will be the big online corporations.The tax payers will be ripped off again. Sad
The government does not understand that in order for bitcoin to exist successfully, each participant receives a small reward for maintaining the network. Governments are used to taking money from the population. I do not believe that the government can create a successful project. A predator will never become a herbivore.

Although I am not favouring anyone but to throw a light just recalling what a different point of view made things work differently. Speaking about government then the bulk of whole constituting nation in formulated way is not an easy task. Yeah I get that sometimes few fauls may keep it in some condition but not always. And blockchain is a set of technology just like we all follow rules coz certain rules are need to be followed to work functionally. Because it it's just a monarchy things will happen but in different way. We here are talking about revolution so government is not only one who is going to be responsible for it. I think we all should hand it with the hands together then only the campaign might grow like a quick shot.
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Topic
Board Economics
Re: World Governments Are Probably More Enthusiastic About Blockchain Than Perceived
by
Leona unice
on 20/06/2018, 14:06:54 UTC
They won`t be so enthusiastic,when they find out how much it will cost to implement the blockchain technologies and much electricity will be consumed.Again,the only one,who is going to make the big profits from this treand will be the big online corporations.The tax payers will be ripped off again. Sad

The application of blockchain that they'll use would probably not include bitcoin's traditional PoW scheme as you know it. Blockchain isn't limited to just coins and whatnot, it could also be used in logistics, banking and finance.. you name it. They'd be keen on developing such a tech considering how cheap and easy it is to implement and have a robust system compared to their obsolete systems which are, up to now, still prone to hacks and thefts. Blockchain might be the greatest innovation of the 21st century and might be the invention that the world is waiting to spark yet another industrial revolution.

Exactly when the governing technology is reaching for not an inclination but counting more into decimals then the blockchain has tremendous countdown for a so managed system whether its banking or business. And its true technology does not consist the boundaries but ignoring the seemlessness, because blockchain tech is just a system the work will be done by the inbuilt processing power, which if we look back the time we can relate it to the computer revolution same it is in the financial sector. We need it because the security and technology combined might take us to next step of future we are imagining.
Post
Topic
Board Economics
Re: World Governments Are Probably More Enthusiastic About Blockchain Than Perceived
by
Leona unice
on 20/06/2018, 13:21:53 UTC
They won`t be so enthusiastic,when they find out how much it will cost to implement the blockchain technologies and much electricity will be consumed.Again,the only one,who is going to make the big profits from this treand will be the big online corporations.The tax payers will be ripped off again. Sad




Considering your whole point, you should understand that how it's gonna work .
if the strategy they were planning of converting blockchain into the global alliance till 2023 then massive amount of energy will be involve. Hence, when government and private sectors will start collaborating, the process will be more than enthusiastic because the cost will be managed and the taxes we are paying will be worth because if you have read the pros and cons of this technology its the safest we can have without any corruption. One such example I found out while going through the journals that Auxesis group from India has already been collaborated with their government and now the capital graphs including the audience accessing through it setting an evolutionary glance, so if this happens with each tech force cooperating blockchain, it can make the assumption true.