Blockchain - Killer or Savior?

[Fundalini]

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

I don't know how you got to that conclusion. You do know that cryptocurrency is a zero-sum game, right? This means when people gain money, someone loses money. In other words, you profit, your financial freedom is exercised otherwise it is restricted. It seems to me that the "saving" aspect of blockchain is negated in this sense.

[Olalomi]

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.

Although blockchain technology might lead to loss of Jobs in certain sectors like banking when fully utilized I believed there are going to be more Tech-sarvy Jobs related to this technology I had seen many jobs opportunities by exchanges eg binance etc who are demanding for blockchain programmers,
there are many areas that this technology when fully harnessed will improve the economy of the adopting country.

[Pan Troglodytes]

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

Thay can play and manipulate the data that gets into the blockchain (before it gets there) the same as they can manipulate the data in databases. Actually blockchain guarantees very little, maybe only that the paricular data was not changed after it has been recorded in a blockchain, but it is far from guaranteeing that the particular data is accurate.

Do not read to much into a blockchain.

[Naida_BR]

Blockchain technology is a remedy to bad economies from the pespective of increasing their growth in the global market. Data is another significant resource that nations need to use and store efficiently in order to be benefited from them. This technology can reduce costs and lead to more earnings.

I agree that many jobs will be lost, but unemployment rate will not be increased, because more jobs will be created because of Blockchain tech.

[Tranglietduong]

Blockchain is a new technology. It is very comprehensive but has not been applied much because it is not perfect and stable. I think in the near future you can see the smartphone running the blockchain platform

[bitfocus]

You should know that Blockchain is creating jobs, helping people to earn their bread in a high-tech way, and Blochchain is always the savior.

[kidd07]

You should know that Blockchain is creating jobs, helping people to earn their bread in a high-tech way, and Blochchain is always the savior.

Yes, blockchain is an edge cutting technology and it already helps millions of people around the world and its clearly a saviour because people benefits on it from its product such crypto currency through investing and trading even though every transaction has its own fees.

[swifer]

Blockchain and cryptocurrency are just vehicles like the internet. Now, it depends on the driver how they drive it. We can use it to destroy people on the road or alternatively can use it to transfer goods faster from one point to another that will help the economy.

[Nnedaddy1]

Blockchain technology is regarded as the bigest technology across the globe.

So yes, its a svaviour to so many busineses etc.

[Crypto24hrs]

Their has never been a world where everyone is employed and employment is only for the employable, Blockchain is a savior and not a killer, the early people begins to prepare themselves ahead of time over the upcoming blochain technology the better for them.

[Al Muhaimin]

past killer savior of the future hahahaha .... that's my bro opinion

[BeeRoach]

I think that blockchain will be a saviour for us.  It has more pros than cons. As the old work places are being overtaken by robots and technology the new will also arise. Who wants to work will definately find the work.

[Sukunan-]

blockcain may also be a savior because of the new and sophisticated technology can create new jobs for humans from blockcain technology, from there they can earn enough for their lives ..

[Jating]

blockcain may also be a savior because of the new and sophisticated technology can create new jobs for humans from blockcain technology, from there they can earn enough for their lives ..

LMAO. Are you serious? How can this technology create new jobs when it will do the opposite?

There will be developers for blockchain technology but it is disruptive in a sense that it will minimized human intervention. Imagine everything will be paperless and will used blockchain to see the data.

It will be disruptive to systems like banking which totally rely on human for checks and balance. With blockchain though, everything is seamless and there will be a time that they won't need resources to help them in their business operations.

[Azamikio]

i think it's safe bro. i use it and i never lost money with it

[Izanamiki]

i think it's a savior. i love this technology man.

[Kakmakr]

Bitcoin is a currency/commodity, not some rescue dog for all the problems of this world. Yes, it can solve some of the problems with the financial system, like high Banking fees and also remittance services. 

A lot of people have too high expectations for this technology and most of that is based on the hype that are built around it. Let's focus on the smaller problems first and take baby steps towards the bigger problems. 

[fuer44]

can both. hackers can track wallet address recorded on blockchain ledgers. but the positive is, all crypto transactions can be recorded properly, and if needed for an investigation, it will be possible to track them down.

[Winto]

The blockchain is the future and there is no doubt in it. Everything will become transparent via blockchain technologies and there will be less scams for everything!

[10BTCaDay]

Blockchain can lead like no other to the development of large-scale unemployment , and this is its most important disadvantage.