Blockchain - Killer or Savior?

[Sexie]

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 may kill the banking system that might lead to increase the unemployment .  Although  it will help to eliminate corruption , it might also affects the price  of every commodities that makes life harder for  every simple man.  On the other hand , it  saves the  investors and businessmen from the amount of taxes that they must pay to the government until it will be regulated.

[dablatair]

Hello,

I think in the middle, it will help and support the bank system to improve himslef and promote other technologies and assets. It will surely be a competitor but as an alternative. Depending of the use and the needs, we will be able to use one or the others and it will be generally a benefit.

[Ryshelrayne]

Blockchain can be a double edge sword. For some it can be a savior and some can be a killer. If you live in a country where a single citizen have barely any rights then blockchain can be a savior for you. This is where the saying banking the unbank applies. If you live in a country where you are the oppressor then blockchain can be a killer for you. I think blockchain in a way equalizes each and everyone but the thing is not everyone knows about blockchain, so even if blockchain can be your savior if you dont have knowledge or access to it then it is no help to you.

[Omoiloye]

Every innovations has its pros and cons. The solutions blockchain technology will bring and the advantage it offers outweighs the cost from my perspective. Even  though this new technology is still in its infantry the benefits it's has offered is already huge. More is already on the way

[xfaqs01]

i think blockchain will create more jobs, it the AI that takes away job from people the robots mot blockchain, there is so much application in blockchain that is not been discovered and were clueless about just like the internet before, but now internet created more jobs, thats how i look about blockchain its revolutionizing.

[b3llsf1l3s]

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 should be used properly, blockchain doesn't even need to get people fired from their jobs. I've heard someone say, Elon Musk or not.
he said like this "Blockchain doesn't make taxi companies fire their employees, but it will bring customers to their employees faster"

[creeps]

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

Not just to create job but it gives us more good technologies and making our life easier. Blockchain techology is a savior because this will make you think not to focus much on a banking system because there's a great technology out here where you can transact easily online without paying any big fees.

[Malam90]

Blockchain is now a latest technology. It is neither savior nor killer of the World economy. But in the near future, it is considered that as  revolution in the economic transactions. In this sense, it can be called economic savior of the world.

[felicita]

Sure the blockchain is the Future still so many Company's on the hole world using the Block chain Technologie to improve there business.
Its mostly more safer and nothing can get lost XD


regards

[wndrbr3d]

Blockchain can be implemented in many scopes, although not in all. Fair elections can only if to use the blockchain solution for example

[Abigail Asi]

Obviously yes. Blockchain is the savior though everything in this life isn't perfect that is has advantages and disadvantages. It's the new technology which is making things very easier and faster. In fact,  blockchain is the future.

[SventraPapere]

Society has long been divided into social classes. And the number of unemployed has long exceeded all possible norms. The blockchain technology will not make this situation worse. the development of a completely new type of goods market relations and social evolution.

[redsap]

i think bitcoin is a savior for a social economic that we know right now that this thing can make people can getting an economic standart and otherwise this thing make richer people wanted to destroyed blockchain because they know it can make suffer for them

[Getcoinsite]

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.

Ofcourse this will help to save the world economy and wht do you mean by “if the blockchain is tightly integrated into our lives is unemployment will increase?Yes they will become not employed but cryptocurrency and the blockchain technology offers us more than enough to gain profit for our daily needs and futue needed

[liskanth]

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.

[Akany]

just like mobnepal said "it every new technology have both dark and bright side." In other words the current Tech has it's advantages and disadvantages and looking at blockchain technology, its of more advantages than disadvantages. What could be more better.

And we should also understand that just like other technologies there are so many unique things about blockchain yet to be exposed to the world.

[tegarp90]

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.

Just like a knife, blockchain have both side.
Sometimes it's used for faster and better payment system, sometimes is used for undetectable crime.
Depends on the user

[Shishir99]

Obviously Blockchain is a saviour if only we can use it for good purpose.Blockchain technology is one of the best invention of this century.It can remove lots of illegal activities that happens in our system.No one can copy transaction or any other thing because of blockchain.

[larrylegend33]

I would say savior in big time. The blockchain changed all our lives in very very positive way. What harm did i give? Anyone got hurt? Just maybe investors with unexperienced.. The system here to help us, it will effect all the business in the better way. Thanks for the blockchain system, it made me richer and i don't have to go to the work, i can work at home. Thank you and bless you blockchain..

[bitterdog]

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 blockchain will be savior for us. Blockchain will change our paradigm on financial system that can lead us to the transaction that is more effective and efficient.