Where Will The Digital Economy Take Us?

[Ilegendph]

In today's time, digital economy had been made several innovations in our life that helps us everyday specially the blockchain technogy. It helps understand that our today's monetary system is absurd and cannot be trusted that easily since they are keeping the records as "confidential". I believe that in the next 50 years, blockchain technology is fully acceptable all over the world and not as just monetary system but ledger that keeps and makes every transactions transparent to all concerned.

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[queenlaurel]

It will take us where we are supposed to be, where we can control money by ourselves also where we can do our business without involving the bank or any financial institution to help keep our coin. That is how it will be if the government does not stop it.

[droptableguy2]

I think the blockchain technology would lead us a digital economy. However, I believe the currency would still be issued by national bank, since it is about national defense or some more important issue.

I believe in the future digital platforms will take a very important position in life. So digital economy will also play an important role in the economy of many countries around the world. Those countries that have the fastest cryptocurrency conversion and application will achieve outstanding results.

[ocid]

What will happen with Blockchain technology in the next 50 years?

Well, I can only build my imagination of what will happen with blockchain technology in the next 50years from cues given/watched from the futuristic movies. Especially the ones having to do with space ships and the likes; the technology will be way out of here.

If blockchain technology can survive in the next 50 years, no doubt all countries that can accept this digital technology can grow and more advanced, let alone make it easier for residents to perform all transaction activities that can only be done with gadgets, chances are everyone, tends to prefer to bring gadget rather than bringing real money when shopping in large quantities because all transactions can be done easily.

[jayes]

What will happen with Blockchain technology in the next 50 years?

Predicting what will happen or where digital economy takes us is guessing the unknown. Even I honestly don't know in the future.

[wxa7115]

The Digital economy will help everyone to enjoy the freedom of finances rather than relying on any third parties for transferring money world wide as the crypto wallet is only controlled by the single user and no one else have control of the user's finances. The digital economy will help to improve the financial situation of the world and uplift every crypto user's life by raising their standard of living and all will be able to enjoy equal benefits from the crypto network. All the Government's will start to accept the technology and crypto currency will be in the mainstream of financial markets.

That is only true if bitcoin wins the digital war because governments and banks want the opposite they want that every single form of payment goes through  them that is why they were pushing for the digital economy in the first place and were trying to avoid paper money but now they are realizing that they may have made a mistake since bitcoin has been invented and now people don't have any kind of problem using it and adapting to it.

[esa2782]

probably there will be "a revolution" of economy, in which the interaction between parties will be more private and independent, there will be difficult for governments to settle acts and laws to restrict any activities of trading because the system of crypto is allowing us to set up business according to self idealism instead of states agenda.

[Pintasak]

What will happen with Blockchain technology in the next 50 years?

Digital economy can either be centralized beleive there is a central point of control over the economy supply on decentralized where the control over the money supply can come

[winterland]

Digital economy will take us into a better and brighter future. It will revolutionize the government, technology and the economy itself.  It will also help us to upgrade in life and to be more productive in the upcoming years nor decades. Inshort, digital economy  will improve our country.

A digital economy is not a solution in itself, it will depend on how everything evolves, before bitcoin it seemed like the path to centralization was clear and it is obvious governments thought the same but now bitcoin has introduced a big decentralization force and despite its small size it seems it is destined to win at the end and governments are terrified of this.

Bitcoin is the future of money and yes, governments are scared of this as well other crypto coins. That is why more and more countries are trying to regulate them.

They are well aware of their present situation. They know that digital currencies will be adopted by more people as time passes so before they really goes mainstream, better to regulate crypto coins to have a better control over them. A bright future awaits bitcoin.

But that is a great problem for them, if they regulate cryptocurrencies then they are basically approving them and this gives people the security that the government is in some way or form backing this new form of currency and this will create way more adoption, but if they were to ban cryptocurrencies then they will need to try to prosecute people holding bitcoin and that is going to be impossible, so they really have no answer for bitcoin.

[Arlibtchunt2018]

What will happen with Blockchain technology in the next 50 years?

Well it could be said that blockchain could be the one in the most useful innovation in all time. It could be the easiest way to  transact and could be versatile in different criteria in market.

[Burogh]

What will happen with Blockchain technology in the next 50 years?

Blockchain technology, have great potential in the future. Beside as cryptocurrency, blockchain technology can use for many purpose. I think blockchain technology will more evolve and have many advantages in the future.

[syaripudin]

What will happen with Blockchain technology in the next 50 years?

Over the next 50 years I think blockhaind technology will be growing to fit human needs into the century of modernization and with the development of blockhaind technology, of course, human dependence on computers will increase. With such changes, I think the application of financial systems in all sectors will inevitably follow the increase in human needs and of course the application of blockhaind technology will be widely applied by all financial sectors especially in the banking sector.

[TheUltraElite]

What will happen with Blockchain technology in the next 50 years?

Well it could be said that blockchain could be the one in the most useful innovation in all time. It could be the easiest way to  transact and could be versatile in different criteria in market.

Blockchain is not a magic pill that will change the course of history or the course of future. It all depends on how people are reacting to new things and whether they are accepting or neglecting it.

What will happen with Blockchain technology in the next 50 years?

Blockchain technology, have great potential in the future. Beside as cryptocurrency, blockchain technology can use for many purpose. I think blockchain technology will more evolve and have many advantages in the future.

How will it evolve? I understand you have zero knowledge of blockchain and development. It already has many advantages and its not the sole thing in the digital economy which this thread is about. In future more crypto may appear but the one which will survive is the one which is radical in bringing about changes to present economic system.

[spyerf]

What will happen with Blockchain technology in the next 50 years?

It's hard for humans to predict anything right in the future, especially over the next 50 years. Although the current digital assets of Blockchain technology is widely used because it is pretty good and very potential in the future. It's just that we hope someday, bitcoin will be accepted by each country, and validate its use in any transaction.

[Barbarian]

Well no one really knows, no one can tell what is going to happen to Blockchain tehcnology  in the next 50 years, it could be a success or there could be a new technology that has replaced it. Well let's just all hope for the best.

The blockchain is probably going to be around for a long time, what we do not know is if it's going to be around for a long time is bitcoin, there are many coins trying to take its place and there are many governments trying to destroy it or to replace it with their own currencies, that is what we really do not know the future of bitcoin.

[salterious]

Well no one really knows, no one can tell what is going to happen to Blockchain tehcnology  in the next 50 years, it could be a success or there could be a new technology that has replaced it. Well let's just all hope for the best.

The blockchain is probably going to be around for a long time, what we do not know is if it's going to be around for a long time is bitcoin, there are many coins trying to take its place and there are many governments trying to destroy it or to replace it with their own currencies, that is what we really do not know the future of bitcoin.

It will be a long time but there will come a day when even this technology becomes outdated and there comes a new technology that usurps Bitcoin and cryptocurrencies. Obviously we have zero idea of what that will be, but I imagine the disruption will happen before 50 years is up. Not saying cryptocurrencies won't exist but I believe their role won't be as prominent in society as some believe today.

[noorman0]

What will happen with Blockchain technology in the next 50 years?

blockchain technology will be taken over by the government, and even then with forced. Because of that, fiat money is getting rid of new enthusiasts from all over the world.

[Nick Abimanyu]

What will happen with Blockchain technology in the next 50 years?

From one technology (internet) has given birth to several other technologies such as one of them is the digital currency or what we often call the cryptocurrency that can be transacted and recorded automatically by Blockchain.

If seen from its function, Blockchain technology can last longer than cryptocurrency. With its functional nature, Blockchain technology can be adapted to the banking nor corporate and in fact blockchain technology can be applied not only in financial terms but can also be applied to automotive companies mainly to record authenticity on auto parts.

[commlinx]

Advanced economy can bring nation into a superior and brighter future. it'll amendment the administration, innovation and also the economy itself. it'll likewise facilitate North American nation to overhaul throughout standard of living and to be additional paying within the up and coming back years nor decades. Inshort, computerised economy can enhance our nation.

[GamblingPurveyor]

Advanced economy can bring into a superior and brighter future. it'll amendment the administration, innovation and also the economy itself. it'll likewise facilitate United States to overhaul throughout lifestyle and to be additional paid within the up and returning years nor decades. Inshort, computerised economy can enhance our nation.