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Author Topic: Blockchain - Killer or Savior?  (Read 202 times)
aileenc
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July 12, 2018, 02:46:22 AM
 #21

Blockchain is the saviour. Blockchain helps make our life easy. We can save money since banks is not needed anymore.
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July 12, 2018, 02:58:02 AM
 #22

Blockchain is called a technology that will change us just as the Internet has changed it. blockchain ideologists claim that it is about to lead humanity to a ultra-modern world where there is no theft and deception. how will this happen? Will the blockchain become the Savior of our world economy or its killer? If the blockchain is tightly integrated into our lives, the unemployment rate will increase, and on a huge scale. And this can lead to a large percentage of poverty among the population. Will the world economy sustain such a large number of unemployed, or will society be further divided into social classes.
Blockchain is a technology related to digital currency or bitcoin so that all our transactions are recorded in the ledger so we can track all the transactions we do and have enough security so high that it can save us from the loss of our total assets

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Gurjasmeet
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July 13, 2018, 05:31:12 PM
 #23

I am very glad to say that bitcoin is savour because it works on a blockchain technology managed by the Internet. It's related to digital currency. So
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July 19, 2018, 09:31:43 AM
 #24

Blockchain is such technology which is emerging at a very good rate. There is no denying the fact that it will cut human power to some extent but this can't stop its evolution. It is rightly considered to be the next big thing after the internet and in this modern era, we just can't seperate ourselves from something as revolutionary as this. For the traders, it is surely a saviour with minimum redundancies and the world economy definitely needs it. You just can'y run away with it.
matthewio
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July 19, 2018, 09:34:52 AM
 #25

The blockchain is certainly a good addition to society, removing the need to trust third parties in a transaction and improving efficiency, It will not however solve all of the worlds problem
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July 19, 2018, 09:37:10 AM
 #26

Blockchain is called a technology that will change us just as the Internet has changed it. blockchain ideologists claim that it is about to lead humanity to a ultra-modern world where there is no theft and deception. how will this happen? Will the blockchain become the Savior of our world economy or its killer? If the blockchain is tightly integrated into our lives, the unemployment rate will increase, and on a huge scale. And this can lead to a large percentage of poverty among the population. Will the world economy sustain such a large number of unemployed, or will society be further divided into social classes.
The block chain has a good purpose. I know that the one making this one has a good purpose and it is for the common good. If this will be used for selfish intentions then it is the people or the user making it bad.
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July 19, 2018, 01:44:43 PM
 #27

like every other innovating technology it can be a killer or a savior, in a great part, it depends on the user, it's astonishing that the Blockchain technology can be used in any field because the idea of a decentralized, secure and immutable data can be applied in many fields. It is already having a remarkable influence on the world economy, as for the employment, we can clearly see that it has created many jobs opportunity by the huge number of promising projects we are seeing each day.

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July 19, 2018, 01:58:01 PM
 #28

Bitcoin is indeed the saviors that exist in the world when their critical economy comes to help us named currencies in gital.

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July 19, 2018, 02:03:18 PM
 #29

We already have it: it’s cryptocurrency.
Because the emergence of blockchain and cryptocurrency is one in the same, we don’t really think of cryptocurrency as an application, but that’s exactly what it is.
This is not too dissimilar to what happened at the emergence of the electric era. Lightbulbs allowed people to light their homes without candles, but in order to get lightbulbs, they needed electricity in their homes. Sure, once the home was electrified, it opened up the possibility of appliances, like fans and washing machines. But the killer application was the first one, the lightbulb.
As people tell the story of the industry, it’s going to look less like the internet and computers and more like the lightbulb.
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July 19, 2018, 02:05:52 PM
 #30

Blockchain is called a technology that will change us just as the Internet has changed it. blockchain ideologists claim that it is about to lead humanity to a ultra-modern world where there is no theft and deception. how will this happen?
indeed blockchain technology is bringing progress to mankind, but that does not mean it's a safe technology from theft, all sophistication in the world can not be separated from theft


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July 19, 2018, 02:08:21 PM
 #31

 Firstly, Bitcoin is a small drop in the vast ocean of blockchain applications. Please do not make the mistake of using these two terms interchangeably. To answer the question, the best application of blockchain will be the one which is best able to leverage its primary feature -> Elimination of the need to trust.
 I strongly believe that blockchain’s best use case is yet to be discovered for the primary reason that almost everyone is thinking about improving existing use cases by simply plugging in blockchain at the infrastructure level.
 The true power of blockchain will be leveraged when applications and use cases are developed around blockchain features, not the other way around.
Crypto_trader87
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July 19, 2018, 02:17:07 PM
 #32

I think you already imagine too much bro maybe your a number 1 fan or some fantasy movies that looks very imposible to happen in real world. The world now become more and more high tech already but still have the balance because if the world without a balance it will colapse in the future.

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August 12, 2018, 07:20:38 PM
 #33

Well, as we know, classes have always existed. There was not a single period in history where all were equal. How to change the world, too, is difficult to predict. The fact that the blockchain already changes something in it, can not be stopped. Just who will be able to adapt quickly, will receive its profit and reward.

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o_freeman
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August 12, 2018, 07:25:19 PM
 #34

Blockchain is called a technology that will change us just as the Internet has changed it. blockchain ideologists claim that it is about to lead humanity to a ultra-modern world where there is no theft and deception. how will this happen? Will the blockchain become the Savior of our world economy or its killer? If the blockchain is tightly integrated into our lives, the unemployment rate will increase, and on a huge scale. And this can lead to a large percentage of poverty among the population. Will the world economy sustain such a large number of unemployed, or will society be further divided into social classes.

Ok, look. When technologies replace jobs, it doesn't mean that we're left in poverty. Sure, it's hard to keep up, I can certainly agree with that. But it allows us more time to innovate and come up with new solutions like... blockchain! So now that we've established the technology, more schools are going to be training the bright young children of our future to work with it, so they won't have to worry about their jobs being stolen. It's a slow rotational period, but inevitably, the lower level gets cut out when a higher level is made and everyone moves up a step.
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August 12, 2018, 07:30:09 PM
 #35

It can't be the killer because the economy will always exist and work with or without fiat money. How could blockchain kill the economy because I did not see any reasonable explanation in the thread? It gives people a choice and their work will always have value. The only thing that cryptocurrencies change is the way they get paid for that work.

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August 12, 2018, 07:40:13 PM
 #36

That's a killer for the people who are working in black economic, and it's savior for people who work in new technologies. So many people get rich in crypto.

Skyenet
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August 12, 2018, 08:41:40 PM
 #37

Blockchain is called a technology that will change us just as the Internet has changed it. blockchain ideologists claim that it is about to lead humanity to a ultra-modern world where there is no theft and deception. how will this happen? Will the blockchain become the Savior of our world economy or its killer? If the blockchain is tightly integrated into our lives, the unemployment rate will increase, and on a huge scale. And this can lead to a large percentage of poverty among the population. Will the world economy sustain such a large number of unemployed, or will society be further divided into social classes.
I think this is totally depending on the people which would be in charge of Bitcoin and the process related to it, so basically those people would determine the direction of the development process according to their will and interests.

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bloodyvio
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August 12, 2018, 08:41:47 PM
 #38

blockhain is a savior in the economy because it prevents acts of corruption and manipulation
and of course blockchain becomes a killer for corruptors and manipulation
they can't do that anymore because each data stream must go through confirmation on the blockchain

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August 12, 2018, 08:45:42 PM
 #39

it depends on what are the people doing with their coins after all, that ist he only thing that is changing everything on here ,including the prices and the way that they are changing

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August 13, 2018, 09:25:01 AM
 #40

In fact, blockchain has been a Savior especially in this time where people are really struggling financially. It has helped people gain financial freedom.

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