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Author Topic: Block chain can empower international trade [NEW]  (Read 111 times)
Cryptokings23 (OP)
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October 08, 2018, 10:45:32 AM
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Read Report here : https://cryptodoyen.com/blockchain/blockchain-can-empower-globaltrade.php
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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rickadone
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October 08, 2018, 04:06:39 PM
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It is not a surprise that trading and many other sectors can be really getting more for their buck if they used blockchain systems however this does not mean anything will change any faster. Maybe in austria ? But not in general, as long as there are no discounts on taxes for people who uses blockchain we will not see a fast change of pace on adopting blockchain.

The main reason for this is that yes blockchain can make some business' better however it is currently running as it is so why change something that is already working. However, newer companies start of with blockchain systems which means over the years we will be filled with blockchain systems but not quickly.
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October 11, 2018, 07:44:48 AM
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So what were the reasons for them to say that cause I’m not seeing any reason and the article didn’t state any good reason. The world has been trading for long without the help of blockchain, so I don’t know why they would need Blockchain this time around.. I know it’s going to benefit some people, but majority won’t be interested in that.
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