The Double-Edged Sword of Blockchain Technology May See China Recreate Orwell’s 1984

The Double-Edged Sword of Blockchain Technology May See China Recreate Orwell’s 1984
фото показано с : btcmanager.com

2019-3-2 06:00

Despite the promise of these innovations, there is a growing concern that governments will begin to use blockchains as a tool to further oppress their citizens, creating permissioned networks that restrict access to capital and essential services on the basis of one’s reputation.

Core features such as its immutability could be used by governments toRead MoreRead More. The post by Toju Ometoruwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News.

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Источник: btcmanager.com

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The cryptocurrency market and the blockchain industry is entering its 11th year of existence in 2019 and has managed to create quite a storm in this short decade. In the beginning, nobody was willing to be associated with the cryptocurrency market or its ins and outs, but with time, we have seen that governments and The post Nearly 40% of Chinese Willing to buy Cryptocurrencies, Finds New Survey appeared first on ItsBlockchain.

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US Department of Defense Emphasizes “Enormous” Blockchain Potential to Improve Disaster Relief Efforts

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National Cryptocurrencies Enabled with Platin

Considering the significant benefits that can come with using cryptocurrencies, it shouldn’t be surprising that governments around the world want a piece of the pie. While there have been some reservations from policymakers regarding digital currency, an increasing number of countries are exploring the development of national cryptocurrencies to supplement their current legal tender.

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Overstock CEO Interview on Governments, Bitcoin and the Modern Financial System that is a Ponzi Scheme

Patrick Byrne, the CEO of Overstock. com made interesting revelations in a recent interview with Naomi Brockwell, a YouTuber. Byrne described himself as “a national security libertarian” and believes that blockchain technology gives people freedom, privacy, and anonymity, which is both a good and a bad thing depending on the individuals involved.

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