Reflections

in #cryptocurrency7 years ago (edited)

Cryptocurrencies and technologies based on the blockchain already now radically change the world. We are witnessing an experiment of creating a new economic and legal system with an unprecedented degree of automation and decentralization.

And these changes have two features.
First, the uncertainty of the state's place in the new system, and secondly, the rapid redistribution of capital in favor of crypto investors, miners and start-ups.

Nobody knows what will be the new system and how to influence it. Therefore, the state authorities of different countries have a difficult choice - to allow the changes to occur independently, to slow them down or, on the contrary, actively join and lead them.

blockchain-3019121_960_720.png
pixabay.com

DQmRmzKhmSegf2bvy6VkAsDtMLdnm1pRKNN6uKjJBGq1hd6.gif

Sort:  

Let’s hope state authorities join the party. More regulations and setbacks will be inevitable though.

You got a 3.45% upvote from @ipromote courtesy of @zirar!
If you believe this post is spam or abuse, please report it to our Discord #abuse channel.

If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.

This post has received a 1.98 % upvote from @aksdwi thanks to: @zirar.

You got a 1.00% upvote from @buildawhale courtesy of @zirar!
If you believe this post is spam or abuse, please report it to our Discord #abuse channel.

If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.