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Author Topic: Can A government accept blockchain Without accepting Crypto currency ?  (Read 872 times)
joybella
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January 08, 2019, 09:40:47 AM
 #61

Blockchain is a technology, they can integrate it in their military, their finance, their security, and even their database. The use of Blockchain technology doesn't necessarily require a cryptocurrency after all many institutions have integrated the Ethereum blockchain but never deployed any token. Blockchain serves various purpose of record keeping all the way down to transparency.
BlackPanda
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January 08, 2019, 09:45:05 AM
 #62

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?
Blockchain is a technology in the cryptocurrency system, while crypto is the currency. Currently Blockchain has proven to have many benefits, so it starts to be applied to several important sectors. Unlike crypto because not all crypto has good quality. Yes maybe we will face the crypto era, it will still only be crypto who has the quality that will survive.
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January 08, 2019, 09:53:49 AM
 #63

All transaction is going thru blockchain to confirmed it correctly and if theres no blockchain it will not transfer all transaction will made on time they need.
Yes that's correct but it doesn't answer the question.

Short answer: yes.



 

 

 

 

 

 


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keepandhold
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January 08, 2019, 11:39:14 AM
 #64

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?
Of course, this will be the case, but if the world economic model changes, it is likely that cryptocurrency will take its place in the new model and be adopted by the countries
adekogbe
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January 15, 2019, 11:25:21 PM
 #65

Yes government can accept blockchain technology even with a van on cryptocurrencies.
Companies that are exploring the blockchain and its possibilities and how it can improve their technology, however cryptocurrencies are needed for these blockchains to run. So a company may use  the cryptocurrency for actions in the dApp they are developing but may not commercialize this cryptocurrencies.

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January 16, 2019, 02:18:24 AM
 #66

blockchain technology will still continue to exist and be developed further without the crypto. admissions could certainly also because crypto is not a part of what makes blockchain be great. many of the benefits that can be used from deployment blockchain and it doesn't have to be by accepting the crypto.

Japinat
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January 16, 2019, 02:34:37 AM
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 #67

blockchain technology will still continue to exist and be developed further without the crypto. admissions could certainly also because crypto is not a part of what makes blockchain be great. many of the benefits that can be used from deployment blockchain and it doesn't have to be by accepting the crypto.
That's true, crypto brings blockchain in on the online world but if the government will choose to develop their own project in the blockchain, they can always do that as blockchain is an open source and one can build their platform over it. The government are not so in favor of the current crypto system, they do not want the anonymity, they want us to follow their law and to comply with the simple Know Your Client policy or the KYC.

But for us who truly believe that crypto and blockchain should go together, we should continue to support our own, than patronize what the government to offer.

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Nggedebus
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January 16, 2019, 03:16:23 AM
 #68

From what i understand, blockchain is a technology that are used as the base of cryptocurrency, So there will be possible to implement the blockchain technology for another kind of things. So the conclusion is that the government is able to take blockchain technology without even taking the cryptocurrency.
Vaculin
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January 16, 2019, 03:31:11 AM
 #69

From what i understand, blockchain is a technology that are used as the base of cryptocurrency, So there will be possible to implement the blockchain technology for another kind of things. So the conclusion is that the government is able to take blockchain technology without even taking the cryptocurrency.
That's possible, they have the enough funds to explore blockchain and use it for their operation, blockchain
is a good tech since it's more transparent and the government should adopt it to be more transparent to the people, and as a citizen of the state, we want the government to deliver so we will be convince that our taxes are properly utilize.
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January 16, 2019, 03:38:21 AM
 #70

When digital currencies want to be fully accepted, the government must be able to understand all aspects related to digital currencies. with the support of various sectors, it can be said that the process of legalization of bitcoin will run smoothly. the government needs to issue various kinds of regulations and it will be very important to build a broader level of confidence in the digital currency.
gowobonyok
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January 17, 2019, 12:05:32 PM
 #71

you can, because the blockchain is a technology that supports crypto, and crypto is the product. so blockchain can be separated from crypto by applying it to other products, such as fiat.
ivaf
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January 17, 2019, 12:33:16 PM
 #72

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?

I think yes. After all, blockchain is a technology, and they can use it. And the cryptocurrency appears already as a result, in order to give liquidity and capitalization to the project. And if the institution will use the technology for itself, there is no need for it to give liquidity to the intra-corporate project.
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January 17, 2019, 12:35:29 PM
 #73

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?

Yes, blockchain and cryptocurrency aren't the same thing and if you look around you will find that many businesses have already implemented blockchain in their businesses without implementing cryptocurrency. Same can be done by the government or any other businesses.

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kiansantan
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January 17, 2019, 12:37:06 PM
 #74

the government must be able to understand all aspects related to digital currencies. with the support of various sectors, it can be said that the process of legalizing bitcoin will run smoothly. the government needs to issue various types of regulations and it will be very important to build a broader level of trust in the digital currency.
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January 17, 2019, 12:45:52 PM
 #75

blockchain technology will still continue to exist and be developed further without the crypto. admissions could certainly also because crypto is not a part of what makes blockchain be great. many of the benefits that can be used from deployment blockchain and it doesn't have to be by accepting the crypto.

yes blockchain can go independent but we must not forget that without cryptos , blockchain technology cant also be discovered  . so far ,  all the products of blockchain like ico , gamblings , blockchain/crypto based games , etc are all  related to crypto and they uses a crypto to buy and sell the in game items or service  .  therfor i believe cryptos can still be tied on whatever the project that the government might want to create  .
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January 17, 2019, 12:46:34 PM
 #76

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?
Yes offcourse  Blockchain is the technology and cryptocurrency is one of the product of Blockchain that uses its system to create a decentralized digital currency so it means that Blockchain is different entity other than crypto-currency and government can used Blockchain without accepting cryptocurrency the government can used blockchain in different fields such for transparency on Transaction,Financial and Banking etc. My country is already see the Blockchain potential  and already set a foundation to use Blockchain as the alternative technology.
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January 17, 2019, 12:55:09 PM
 #77

Blockchain is one of the greatest invention of today's generation and there are proofs that this technology has a serious potential in terms of providing an opportunity to establish a strong system for digital identity. There are well known banks that is using blockchain and I heard that China is now taking blockchain seriously like how it can benefit them.

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January 17, 2019, 01:27:19 PM
 #78

What exactly can't the government do? What they want, then do it, especially since there is not a question of global scale) So for me the answer is obvious

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January 17, 2019, 01:39:48 PM
 #79

Yes it can, but until now every government only sees the blockchain is a device from crypto currency that cannot be separated, they think when adopting the blockchain they also adopt crypto currency even though it is not like that. Blockchain can be used in several sectors, such as the education, health and many more sectors. I hope the government can assess more clearly the function of blockhain or crypto currency after they can feel the impact.
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January 17, 2019, 01:53:50 PM
 #80

Many country  has put  ban on crypto currency , allot  of financial  gurus speaking negative thing about crypto currency !! But right now everything expert is embarrassing Blockchain Technology. every expert believes blockchain is the future so Today i want to ask if Financial  institutions can run on  blockchain without crypto Currency ?

Blockchain technology (decentralized distributed legders) is a side effect from governments and corporations attempting to operate in secrecy for so long, in effect, hiding the fact they are designed like feudalistic systems created to enrich the few off the labor of many.  Blockchain introduces immutable transparency - something modern, behemoth govs and mega corps will fight tooth and nail to prevent the widespread adoption of.  The survival of those monopolies in their current forms are dependent on the masses continuing to shun and/or ignore blockchain technology.  This can partly explain the massive progaganda blitzes put on by the enemies of humanity.

Cryptocurrencies are the first and biggest rage to attach to the blockchain technology wagon.  This is a natural fit as the world is long over-due for a monetary reset/paradigm shift in how the masses use money.  Governments allowing privately owned corporations to issue a nation's money at interest (usury) is why humanity has been trapped in repeating cycles of history (treading water) rather than continuing on to greater and greater levels of evolutionary physical and spiritual achievements.

Anything can be used for money and many things have throughout history.  The prevalent propaganda circulating regarding cryptos is designed to scare sheople back onto fiat ranch and train them to keep their heads down starting at the beautiful, bright green grass.  Cryptos level the playing field for the common man and small & medium business.....the majority of us.  The aristocratic families are evil and won't loosen their grip on the reins of control without one hell of a fight.  Cryptos may be the ticket to preventing a lot of unnecessary bloodshed.

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