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April 11, 2018, 01:36:44 AM |
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Crypto and the Block Chain as a whole is going to change the world in some capacity. I think everyone here can come to that conclusion.
There are several different companies who are offering coin to people who participate in what I would think is globally agreeable concepts. Anywhere from Health to helping the ecosystem, or even education we see a lot of these companies incentivizing very positive change. Take for example, #Lympo - a newer company that exchanges your workout and goals into their coin and available to both exchanges and their own products. Ascribing to a better, healthier lifestyle or educating oneself isn't necessarily a debatable thing. The positive impact on a global scale will be rather large.
However, what seems to bother me is the more negative use of the technology; the possibility of a clashing ideology war that could ensue between tokens, the ramification of competing coins, and competing ideologies. In an extreme situation such as politics, what if a government were to implement a type of currency that incentivized citizens to vote or think a certain way. Something akin to the way China already incentivizes their citizens with a status credit so-to-say. Certain voting powers and institutions that allow certain aspects of government based goods/services in their own coin and that somehow makes its way into mainstream. How about the potential of influencing powers from outside powers? I think there is a lot to explore in this territory and I wonder if it will ever be implemented or adopted by the general mainstream.
Do you see any other ramifications? Let me know!
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