The New World Order with Crypto and Blockchain Technology

[akeda]

I think that this is difficult to happen. Bitcoin and all these crypto coins cannot be set because the price is unstable. Even in every country certainly can not receive this technology directly. The Government recognizes that the local currency can be interrupted if this technology is used for payment media.

Perhaps this Blockchain technology will run like now. Although the government has not been legalized, it is still accessible and can make money, for those who trade and invest in crypto.

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[Ozero]

I really quite like such a modern technology world. Then people will no longer have to cut down trees to make more money or abuse nature more. We can use the internet to transact and perform a lot of different services without affecting the environment.

I would not want to live in a society where all issues of human financial activity will be controlled from above. Yes, and I do not understand what New World Order you are talking about.
States will never switch to using a single cryptocurrency, as this will mean the loss of their statehood and the violation of the functions of their economy. From the point of view of ordinary people, this is also unrealistic, because not everyone will have their own technical device for making absolutely all payments. Many in such cases will switch to the use of barter relations, which will contribute to a drop in the level of economic development of states. In general, this is not a good idea.

[justdimin]

Governments can't control everyones transactions but they have to at least check on it, like at least see what you are doing even if they can't control what you do. Such as, you should be able to buy drugs with money you have, however after you buy it, you will go to jail, now they can't stop you buying it but they can jail you for it. Same goes for bitcoin and crypto if it gets too big, they can't stop crypto with it is blockchain because you can do whatever you want and send it wherever you want, however when it comes down to you spending that for wrong things or better yet if you have to pay taxes that means governments have to check your financials to decide how much tax you should pay.

Don't forget, the easier it gets to not pay your taxes the more taxes government will try to get and the more taxes there is the more people will avoid it. It is just impossible to keep it up that way, everyone should pay their fair amount of taxes at all times.

[FanEagle]

Governments can't control everyones transactions but they have to at least check on it, like at least see what you are doing even if they can't control what you do. Such as, you should be able to buy drugs with money you have, however after you buy it, you will go to jail, now they can't stop you buying it but they can jail you for it. Same goes for bitcoin and crypto if it gets too big, they can't stop crypto with it is blockchain because you can do whatever you want and send it wherever you want, however when it comes down to you spending that for wrong things or better yet if you have to pay taxes that means governments have to check your financials to decide how much tax you should pay.

Don't forget, the easier it gets to not pay your taxes the more taxes government will try to get and the more taxes there is the more people will avoid it. It is just impossible to keep it up that way, everyone should pay their fair amount of taxes at all times.

If you think that it is not uncontrollable right now than you are super wrong.
Money is literally centralized right now and the government checks everyone's accounts anytime they want.

Don't think that they check everyone's accounts at all times, they do not check it if they see no reason to check it however if they see that they want to check it than they totally will. That is why having crypto currency globally means a lot, people would stay hidden behind their wallets and security of blockchain and they will be able to spend it however they want without any centralized government caring about your money.

With crypto and blockchain technology getting more and more adoption there will be more freedom for financial movements and that is why we really need it to get bigger in adoption.

[Abiky]

Nobody will dispute the fact that the technology of blockchain is indeed the answer to some of the problems that has been looking for answer in decade, with blockchain technology adoption and implementation, all those areas if well applied will be fixed. One thing that I like about blockchain technology is that it makes everything transparent and also curb all these situation of duplication of things that we see in government.

Blockchain technology has long been due for countries that are still a little but far behind in term of technology, transparency and in terms of corruption. Countries will even be able to save cost a lot using blockchain because things that would have involved a third party which would be heavily paid for can easily be don using the technology of blockchain as regards the area where is being applied.

Exactly. The benefits Blockchain technology provides (such as transparency and lower transactions costs) would make it ideal for a government-issued digital currency. As the world becomes more interconnected via the use of the Internet and Blockchain tech, we become closer towards complete globalization. It wouldn't be surprising if governments worldwide devise a new monetary system that could become easier for them to control. And what better way to achieve this, than using Blockchain technology itself? With central Banks acting as miners, while governments act as nodes, a "One World Currency" would perform exactly as intended.

If we combine both Blockchain and AI for many areas of the world (such as finance, transportation, healthcare, notary, etc), then the result would be a "New World Order" unanimously backed by governments worldwide. People will no longer need to worry about conducting transactions in different currencies, as only one currency will exist. In the same way, people will no longer need to worry about getting passports in order to travel from one country to another as everything will be unified as one organism. With Blockchain technology being used for everything, this seems like a most likely scenario within the not-so-distant future.

Nonetheless, we're slowly adapting towards a new wave of technologies that are bound to make our lives better in the future. The most exciting one yet, called the Blockchain, promises to provide better efficiency and transparency for every transaction made worldwide. These transactions would not only involve money, but also transfer of ownership, identity proofs, and more. The transition into a fully-digital world may take some time (as people are still using physical cash), but we'll get there sooner or later resulting in a "New World Order". Just my opinion

[Distinctin]

Great vision, that's the ultimate success that we will witness in the future, we just have to believe on it.
Government can make their own blockchain and Bitcoin could be the gold in that era, at least we will surpass the popularity and value of gold.

It's going to be the battle then between the centralized and decentralized blockchain but we know who will win since as long as we have the government, it's the centralized will always win, but, it's a major adoption if they will use the blockchain as that means crypto will also progress over time.

[Argoo]

The economy of a particular state can develop successfully if it uses its national money. So it was before, and so it will continue. The state should protect its economy, and not give it to the mercy of the possible negative influence of other states. If states switch to using cryptocurrencies, they will cease to influence their own economy. Therefore, no state will ever switch only to the use of cryptocurrency. Therefore, there will be no new order with cryptocurrency. The cryptocurrency will go along with the national money of states and will adapt to national money, and not vice versa. States will not be outside observers, they will actively regulate the circulation of cryptocurrencies. There is simply no alternative to this.

[mazdafunsun]

What is this " new world order' , did you red about it in a sci fi or is this your dream?
This teory will not come true,ever. In this case the nations or group of nations will be giving up control to other nations which are their economic competitors. They will not be able to make decision made on their own economical benefit, therefore this will not happen.

[Abiky]

Great vision, that's the ultimate success that we will witness in the future, we just have to believe on it.
Government can make their own blockchain and Bitcoin could be the gold in that era, at least we will surpass the popularity and value of gold.

It's going to be the battle then between the centralized and decentralized blockchain but we know who will win since as long as we have the government, it's the centralized will always win, but, it's a major adoption if they will use the blockchain as that means crypto will also progress over time.

Exactly. Our world will change in ways that we've never imagined thanks to the inception of Blockchain technology back in 2009. While it's a decade since Blockchain has started to gain traction, I believe that sooner or later it'll be implemented within many industries worldwide. It's no secret that Blockchain's "Killer" application is finance. With Bitcoin's proven long-term stability, governments could launch a similar Blockchain where central banks act as miners or nodes of the same. A single, unified currency is all it takes in order to improve our economy for the better. Imagine using a single digital Fiat currency for all of your transactions. There will be no need to exchange from one national currency to another since every country will rely on one currency for worldwide transactions.

As for decentralized cryptocurrencies, I believe that they'll remain on the scene for years to come. People will have the choice between centralized money controlled by worldwide governments or simply decentralized money (which is crypto) where the power is given to the individual himself. Still though, we need wide-spread Internet access worldwide for something like this to happen within the future. As technology advances over time, countries will find out that it's a necessity to adopt Internet and Blockchain technology for mainstream finance, communication, and more. Third-world countries will adapt towards the latest trends sooner or later, as they find new technologies highly beneficial to them. We've already seen how a third-world country like Venezuela has created a cryptocurrency of its own called "Petro". It's only a matter of time before other countries follow in order to make physical cash disappear once and for all.

Nonetheless, the adoption of Blockchain technology is what really matters in order to establish a New World Order with ease. Since people still find it hard to use crypto and Blockchain tech, it may take quite a long time before we could experience a whole new era powered by cyberspace. Just my thoughts

[micher143]

What is this " new world order' , did you red about it in a sci fi or is this your dream?
This teory will not come true,ever. In this case the nations or group of nations will be giving up control to other nations which are their economic competitors. They will not be able to make decision made on their own economical benefit, therefore this will not happen.

One Government for all nations? that is not possible because each nations have different religion. and actually regarding bitcoin some country ban the bitcoin so I think this is not possible at all. that will just happen in anime or sci -fi movie haha.

[Abiky]

One Government for all nations? that is not possible because each nations have different religion. and actually regarding bitcoin some country ban the bitcoin so I think this is not possible at all. that will just happen in anime or sci -fi movie haha.

Of course, governments cannot reach a common agreement nowadays. But I believe that somehow emerging technologies like Blockchain and AI will unite us within the future. Governments have can either own rules or regulations, while acting as a single entity. With one global currency, governments can reach a common agreement for trade/commerce. This will greatly improve our economy and many industries such as healthcare, transportation, and more. It's a matter of maximizing efficiency, above anything else. Blockchain is already proven to be a technology that provides unparalleled security and efficiency. With reduced costs, and greater transparency, the New World Order could become a reality within the not-so-distant future. We just must be prepared for it as slowly but surely; the world is adapting towards the digital realm.

Believe me, some of the things that have appeared in sci-fi movies have already become a reality. Biometric scanners, lasers that can burn/destroy stuff, and even hovercraft are now possible these days. It wouldn't be surprising to see one global currency dominating the world in the future. In the same way, it wouldn't be surprising to see AI replacing human-made decisions by then. It's only a matter of time before technologies like Blockchain and AI become mature for a New World Order to take effect soon.

Nonetheless, it's no secret that crypto and Blockchain technology has become highly attractive to central banks and worldwide governments. This is an indication that they'll be experimenting with the tech until they come up with a solution not only for the world's economy, but also healthcare, transportation, proof of ownership, identity verification, and more. Just my thoughts

[jmigdlc99]

If a New World Order takes effect soon, do you think that all of the world's governments will make use of crypto and Blockchain technology to their fullest potential? Imagine if one world digital currency existed, where every single country makes use of it worldwide. Central Banks will act as nodes and miners of that digital currency, which is backed by the Blockchain. The single, unified Blockchain will prove to become highly scalable for the world, especially since it'll be extremely centralized.

By making use of Blockchain technology for everything, global control will be enforced as it's much easier to track every single transaction made worldwide. Those transactions will not only involve money, but also transfer of ownership, certificates of birth, driver's license, and other services within the global Blockchain system. This may sound crazy, but if you look at the current situation where many Banks and governments have become interested in the technology, it shows us that it will be implemented in every area worldwide within the not-so-distant future.

Nonetheless, what are your thoughts?

That sir is a very idealistic vision of what blockchain and crypto can do for the world. However far feteched it may be, theres just so many risks involved that governments will have a hard time approving something like this.

What if the world blockchain gets hacked? With such a high stakes reward, there will surely be groups of people interested in hacking it to their advantage.

[electronicash]

isn't new world order already happening when they occupy US?
there is a technology better than the internet which only the military has access to and that they can monitor all of us thru it anytime they want?

governments needs to do the neccessary to monitor their people because its their right. when people have money and has capacity to take arms, they will revolt. either over throw the government or simply want independence of their own land.

this is what also happened in US when Europe ask too much tax to them and so the war started and then 4th of july.

[TheUltraElite]

What if the world blockchain gets hacked? With such a high stakes reward, there will surely be groups of people interested in hacking it to their advantage.

There will be some people keeping it secure too. Thats also a valid reason why one blockchain to run the world economy is not a healthy choice. Mining if you say so has been the a source of speculation as to what would happen if they got hacked. But they are mostly coming from the weak minds who bought bitcoin hoping it would grow huge but seem to break their expectations. This thing needs to be corrected by only investing what you are willing to lose and not panicking when prices go down.

Again Abiky's thoughts do not match with mine since I believe this is too much longshot. Even though blockchain and AI are buzzwords, it does not mean they are going to be taking over the world.

[Abiky]

That sir is a very idealistic vision of what blockchain and crypto can do for the world. However far feteched it may be, theres just so many risks involved that governments will have a hard time approving something like this.

What if the world blockchain gets hacked? With such a high stakes reward, there will surely be groups of people interested in hacking it to their advantage.

You do have a point there, mate. But I believe that "hacks" or "attacks" can be tackled by governments themselves as they follow several precautionary measures. Since central banks will act as "miners" of the global blockchain network, it might become too expensive to perform an attack as hashrate will be immense. If Bitcoin is the most secure crypto today with several nodes worldwide, then the government-backed blockchain network will be even more secure as they have access to more resources than the pioneer cryptocurrency. With centralization, it'll be possible to reach unlimited scalability for the "New World Order" to proceed as intended.

The recent interest into Blockchain technology among governments and central banks worldwide, shows us that it'll be largely implemented into our economic system within the not-so-distant future. As the world becomes more interconnected and "digitized", the need for tangible items will be no more. Which is why, I envision a world where you could buy, sell, or do anything in a digital manner powered by crypto and Blockchain technology. You'll gain access to an implant which will serve as the authentication method for financial and medical services. When going shopping, you would simply pass your hand over a scanner to perform the payment. Proof of ownership, and identity verification will be executed by smart contracts. On the other hand, AI will take part of many decisions made by humans today. This may sound crazy nowadays, but the faster the world adapts towards the latest technologies, the sooner this will become a reality. Just my thoughts

[asus09]

When government have yearly meeting with many country I think cryptocurrency have brave to explain for the public country benefit by using bitcoin or altcoin for every transaction, by using bitcoin or altcoin export and import payment be easy and transparent than we have using money and bitcoin can be higher profit than many country use USD for their payment transaction.

[20kevin20]

When government have yearly meeting with many country I think cryptocurrency have brave to explain for the public country benefit by using bitcoin or altcoin for every transaction, by using bitcoin or altcoin export and import payment be easy and transparent than we have using money and bitcoin can be higher profit than many country use USD for their payment transaction.

Never gonna be used as a national currency. Not in our world or in a gov's concept. That seems like part of an utopic world to me, and it's not going to happen. At least not with Bitcoin.

Corruption's everywhere, right? Transparency is what would make them unable to continue with the corruption. Whatever point of view you look at it from, BTC is not and will never be the candidate for a national currency, and even if we talk about exports/imports I have the same opinion. Not gonna work.

[Xxmodded]

Every government will allow with big country system when United State, China and Japan have adoption bitcoin I think development country in the world we use bitcoin and adopt bitcoin as legal payment, we need to start with big country how they can allow bitcoin as legal transaction and how to make them trust with bitcoin have many benefit than using digital fiat currency only make your money inflation and bitcoin never know with lower value of your money at the future.

[Eclipse26]

It's hard to have one world digital currency where some countries as of now, don't like the idea of cryptocurrency. Others won't agree to this, since one world crypto means only one would control it (if it's centralized) which of course, most countries would want to have control over the flow of currency on their country. But it would be possible for blockchain technology to be adopted by most countries since it could be useful for them. When we say blockchain, it is not about crypto.

[Abiky]

Never gonna be used as a national currency. Not in our world or in a gov's concept. That seems like part of an utopic world to me, and it's not going to happen. At least not with Bitcoin.

Corruption's everywhere, right? Transparency is what would make them unable to continue with the corruption. Whatever point of view you look at it from, BTC is not and will never be the candidate for a national currency, and even if we talk about exports/imports I have the same opinion. Not gonna work.

Bitcoin may not be the candidate for a worldwide currency (or even a national currency). But a government-backed digital currency will. As we speak, central banks and governments are working on Blockchain technology in order to improve many areas not limited to finance, but also healthcare and transportation. They could establish a global blockchain system in the future if they desire to do so. While transparency could expose corruption, I don't think that governments worldwide would allow their Blockchain system to behave in such manner. After all, they'll be the ones dictating the rules of the worldwide Blockchain system.

Once this becomes a reality, then expect for a New World Order to go full steam ahead without interruptions. AI will take part of important decisions made by man today, while Blockchain will be responsible of ensuring the integrity/validation of data. Supply chains, monetary transactions, and real estate will be trackable via the Blockchain itself. This may sound crazy, but if you take a deep look at how our technology is advancing at a fast pace (while being adopted worldwide), anything's possible. Just my thoughts