Blockchain - Killer or Savior?

[Lebovsky]

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.

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[lizardbtc]

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 not the only thing behind uninployment and such things. If you want to work you can as there is always some way to earn money. Thing is that with robots and computers taking the ordinary jobs. Just take a look at the most boring jobs first was assembling lets say cars, and then robots took over. Now even some markets in my town have cashiers where you don't interact with person, where cash register is simply a machine etc.

So how time passes by we succesfull automate some proccesses because we can. At the end of the day you have the idea of universal basic income for the time when machines take over.

It can't really take us to the world with no theif and diception, those will exist no matter where you go and what time it is.

I think that you have msiunderstanding of what blockchain is actually. It is like an decentralized data structure or database that can't be changed and money like bitcoin can be "saviour of our economy" but for that to happen it's still far far away from it.

[Lebovsky]

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 not the only thing behind uninployment and such things. If you want to work you can as there is always some way to earn money. Thing is that with robots and computers taking the ordinary jobs. Just take a look at the most boring jobs first was assembling lets say cars, and then robots took over. Now even some markets in my town have cashiers where you don't interact with person, where cash register is simply a machine etc.

So how time passes by we succesfull automate some proccesses because we can. At the end of the day you have the idea of universal basic income for the time when machines take over.

It can't really take us to the world with no theif and diception, those will exist no matter where you go and what time it is.

I think that you have msiunderstanding of what blockchain is actually. It is like an decentralized data structure or database that can't be changed and money like bitcoin can be "saviour of our economy" but for that to happen it's still far far away from it.

I understand, but in addition to jobs in factories, which now belong to robots and computers, the blockchain can cover many areas of human activity. You can take the example of banking. A huge number of people work in Bank branches, and the blockchain can theoretically deprive them of work, as it will perform all operations. Or take notaries, the same story. So what about this one?

[mobnepal]

Every new technology have both dark and bright side and same goes for blockchain/bitcoin technology.

Blockchain has lots of potential and it can be useful in almost every field from medical to financial. Still many possible use cases of blockchain is yet to be found so we don't know the full potential of this new tech. The only dark side of blockchain is associated with anonymity but at the same time that is also one of the feature which keep blockchain tech above all other old tech.

[Arlibtchunt2018]

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.

Well, we are looking for innovation. We can also think the pros and cons which we need to consider as we look forward for the actions we take. As far as I know it's not a bad thing to push through to develop our society with blockchain although the reality is quite cruel for lower class.

[hitrawal91]

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.

Yes, there are chances that the blockchain technology may change us just like the internet and smartphone has changed us. There may be no theft and no deception is expected but there are chances that people will try to cheat and do some money laundering cases and people would get scam.The unemployment rate may increase, which even i think is not a good thing and if it's not been solved soon then the world economy would not sustain that much big number of unemployed.

[Reid]

Actually it is an addition to employment percentage.
IT's can now have jobs that will be about the internet.
We dont need to do the hard jobs and we can now sit down and make the faster possible transactions ever.

Security. That is the most questioned of all. Are we safe there? Will there be a privacy?
Blockchain is the answer to that. It wont be a normal email just like others before where viruses are being passed on.
There will be a better one where we could do mails in better form and faster one.

[PonyBoy]

We need to be responsible or protect bitcoin to still this good opportunity and features to less the poverty in our world

[tokenomics]

It is a savior for some reasons that I am confident to share with. One because it is decentralized, two because it is highly secure and transparent when it comes to its transactions and lastly it is fast and reliable.

[Dudeperfect]

Blockchain and cryptocurrencies are just the vehicles like the internet. Now, it depends on the drivers that how they are driving it. We can use it to crush people on the road or alternatively can use it to transfer goods faster from one point to another that will help the economy. I am impressed with this technology and believe that it will optimize traditional time-consuming infrastructure but we have a long way to go there are there are multiple obstacles in that way. It's the faith and genuine efforts that will take us there.

[Xester]

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.

Poverty and unemployment is not due to the scarcity of work but the capacity of people to work. Blockchain technology will open a new era in our economy and big businesses around the globe will be using this new technology. With this innovation there are many job openings that will occur so that this technology could work but as the technology develops people without capacity will lose their job if they will not upgrade themselves.

[Arabella.Theo]

Every new technology have both dark and bright side and same goes for blockchain/bitcoin technology.

Blockchain has lots of potential and it can be useful in almost every field from medical to financial. Still many possible use cases of blockchain is yet to be found so we don't know the full potential of this new tech. The only dark side of blockchain is associated with anonymity but at the same time that is also one of the feature which keep blockchain tech above all other old tech.

I think the anonymity and also the immutability could be stumbling blocks. I think in an ideal world bitcoin will be a decentralised digital money of the future in a society that is cashless. My biggest fear is that it becomes a gateway drug or Trojan horse for governments to introduce their own fully controlled and immutable currencies that would leave us all at the mercy of their will.

[Eros1on]

In the face of the poor and speculators, the blockchain is the savior, a new form of investment that brings wealth to many.

[Pan Troglodytes]

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.

Do you actually have any reasoning or sources behind that statement in red? I can see no direct relationship between those two. It is really hard to enter any meaningful discussion if the beginning of the discussion involves jumping to really far fetched conclusions.

What I can see as an effect of a blockchain adoption on a wider scale is actually (1) appearance of new blockchain-related job types and (2) adoption of remote work models on even wider scale than Internet allows nowaydays (imagine, how easy it will be to pay your employee from another country).

[Doterti]

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.

Do you actually have any reasoning or sources behind that statement in red? I can see no direct relationship between those two. It is really hard to enter any meaningful discussion if the beginning of the discussion involves jumping to really far fetched conclusions.

What I can see as an effect of a blockchain adoption on a wider scale is actually (1) appearance of new blockchain-related job types and (2) adoption of remote work models on even wider scale than Internet allows nowaydays (imagine, how easy it will be to pay your employee from another country).

Actually, It has a good and bad outcome of it first the bad thing is many people tend to abuse and make it in to a bad habit especially cause chaos or abusive of its power but the good thing is they can help people especially who are in need of financial and to help to be more productive and more progress.

[ladydark]

I think that you are over zooming the fact that blockchain would simplify the works and that would lead to loss of jobs for more people.Even before the invention of blockchain,works are upgraded and more jobs are reduced.

[bayu7adi]

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 would be a solution, not a killer or savior
The solution here is, it is meant for transactions with others securely and transparently
the benefits of blockchain technology, of course can be implemented with all areas of business, and that the advantages of blockchain, the revolutionary digital era

[mohammedmattar]

I do not think the case is measured in this way
At the beginning of the concept of mass production and the spread of machine rather than manual labor
Such words were said
But development and employment continued to exist in one form or another
I think the pros are more than the negatives here

[Louvre]

Surely its the saviour. it helps make our life easy and hassle free. and we can save money bec banks is not needed anymore.

[improvegoup]

In fact, blockchain can not make people lose their jobs. Many activities in today's life have the contribution of machines but most of the monitoring is done by humans. I think that in order for technology to be able to control us, there are still a lot of times