The New World Order with Crypto and Blockchain Technology

[archiday]

The world is preparing for the transition, most fintech companies are already working on creating their blockchain solutions, and commercial banks in some countries are already collecting or have begun to collect customer biometrics. The transition will coincide with a new wave of financial and economic crisis and a new one will be born out of chaos. It remains for us to subscribe to any version of reality, and which of them will unfold its embodiment we will learn in the next 10 years.  

[slaman29]

What is this new world order first? How would you define it? Does a NWO necessarily mean 1 entity taking over the whole world, like a UN but bigger and deciding everything for everyone? Because if that is the NWO, then why would they even want to use crypto or blockchain, unless it is something of their own and something they built? They might just make their own currency, easier, their own database, why the need for blockchain in an authoritarian single government?

[tonyvo2017]

for small scale, i think this will happen. but for a large scale and requiring governments to get involved, it will not be possible.
Fiat money is still a default asset and is essential for today and the future.
It should not be changed because it reflects the economic and political situation of each country
technology will really solve everything very quickly, but the combination of fiat and blockchain will still be the best one, i think.

[vintages]

I definitely see the implementation of the Blockchain technology in almost every sectors in the nearest future. Thanksfully, it evolution is created to make things easier.
But, I still don't believe in the theory of the new world order or the possibility of a world single currency.
The world will be monotonous if such a thing ever happened.
I prefer the existence of other fiat currencies working together with Bitcoin. That's the kind of future I see.

[el kaka22]

It has been a long long time since we first though about it and it has moved a lot in terms of getting closer to reality.
It won't probably become like a global currency level of thing where everyone around the world just uses crypto instead of anything else, however it will probably become more mainstream. Think about it this way, you live in country X and that country has XY as their national currency right?

Well, you can have dollars euros sterling and whatever with you in that country too, not just investment wise but literally own and carry it everywhere and you would be capable of exchanging that to XY whenever you want and that would make life simpler for foreigners. Same with Bitcoin, at its peak I feel like it will be like carrying another currency outside of your nation.

[Pab]

USA will defend dollar like global currency as much they can or even more
However dollar dominance will end sooner or later
Global cryptocurrency like a one currency of the world is very dangerous idea

Cryptocurrency has to be decentralized to be cryptocurrency. So it can be issued by any Central Bank. Old true is that money is weapon and  that is sad true
Blockchain or any technology can't solve humanity problems only people are able to do that.Technology can only help

[enhu]

Looks a lot scarier than the current system today. If all information like driver's license, ownership and certificates of birth and other services within the global Blockchain system, this system can easily destroy a life like the movie Changing Lanes. If this blockchain is going to be adopted widely, do you think we are nailing ourselves to our coffin?

[SvonioneFromMangoCoinz]

I know that blockchain technology is being cared for by many large businesses. but it is still operating in a decentralized market, accepting the use of blockchain technology is a difficult decision for those businesses.
Because the crypto market is always volatile by manipulation, it is a major obstacle and can be a pimple that makes blockchain technology unable to be widely used in the future.

[sana54210]

USA will defend dollar like global currency as much they can or even more
However dollar dominance will end sooner or later
Global cryptocurrency like a one currency of the world is very dangerous idea

Cryptocurrency has to be decentralized to be cryptocurrency. So it can be issued by any Central Bank. Old true is that money is weapon and  that is sad true
Blockchain or any technology can't solve humanity problems only people are able to do that.Technology can only help

No matter how long they try to hold or defend the dollar, they dollar will still fall, and it will be speedily with the cryptocurrency introduction and with the way that many countries are beginning to accept cryptocurrency, many banks that would have held on to dollar tithe to assist in strengthening it are also beginning to look at the possibility of using cryptocurrency to make their system also perfect.

There will be a time where the weapon called money will fail them, and this is the reason why many people are now embracing more of bitcoin, because that Is the only true decentralized coin, all other coins are just being planted to nullify the decentralization of bitcoin, but they have only succeed in being a failure all along and bitcoin will remain strong till everyone adopt it.

[shoreno]

Looks a lot scarier than the current system today. If all information like driver's license, ownership and certificates of birth and other services within the global Blockchain system, this system can easily destroy a life like the movie Changing Lanes. If this blockchain is going to be adopted widely, do you think we are nailing ourselves to our coffin?

why ? you mean because its online and prone to hacks ? on other online services yes but blockchain is different because blockchain is not hackable  .

implementing blockchain to the current services are more better because we are sure that our data's and other important files or stuffs are safe from manipulation  .

I know that blockchain technology is being cared for by many large businesses. but it is still operating in a decentralized market, accepting the use of blockchain technology is a difficult decision for those businesses.
Because the crypto market is always volatile by manipulation, it is a major obstacle and can be a pimple that makes blockchain technology unable to be widely used in the future.

blockchain and cryptos are different . blockchain is a technology and cryptos are currencies  .  we can use blockchain without cryptos

[Ucy]

It is possible a world government would create a single Ethereum-like private Blockchain with every country owning its token. The tokens could represent national currencies on  a Blockchain.
They will definitely want a single platform/Blockchain for multiple national currencies inform of tokens for easy regulation.
It's a crazy future ahead my friend.

[Febo]

What exactly do you mean by "New World Order?" A one-world government?

By mentioning "New World Order", I'm referring to a one-world government. It may seem impossible to achieve nowadays, but the mere fact that Blockchain technology unites everything, there might be a possibility that worldwide governments may reach a common agreement. We'll just have to wait and see what will happen with the development of this revolutionary technology within the future.

What does blockhain unites? Can you explain more?


Blockchain prevent form forging digital asset. That is what blockhain does. You are talking like we are in 2016 when blockhain was here to save us from AIDS and world hunger and everything bad on earth.

[fiulpro]

Ofcourse they are going to use the cryptocurrency and blockchain technology since we have already seen examples where people are being banned from using cryptocurrencies just because the government wants to use that investments in making their own cryptocurrencies.
For example :- China , India , etc.
They are already trying to make a centralized version of the existing technology .

[Kakmakr]

Ofcourse they are going to use the cryptocurrency and blockchain technology since we have already seen examples where people are being banned from using cryptocurrencies just because the government wants to use that investments in making their own cryptocurrencies.
For example :- China , India , etc.
They are already trying to make a centralized version of the existing technology .

Exactly, they have to create their own Crypto currency or Blockchain technology, because they have to manipulate it to boost their own economy. You will soon see a lot of "GovCoins" seeing the light of day, because governments are seeing the potential of using a technology like this to quickly change monetary supply, without having to go through the tedious and expensive task of printing and minting new Fiat currencies. 

So, they can now continue creating "Toilet paper" money in a digital format, by simply changing a piece of code in the protocol that they manage centrally.     <Each country will just digitize their own Fiat currency and not fight over having a single global reserve currency.>

[guoyu78]

In any part of decentralized blockchain systems there is no "new world order" type of stuff going on. I mean these rich folks will not give up power that easily, they have gained it in the past 500 years or so years and maybe even further back than that.

Think about it, almost all the big nations of the world even starting from ancient Greece have been nations that could be considered "white" in today's world, now that they got it for the past 2000 or so years they won't give it up for equal chances for everyone, because that means there could be people who are not like them in mind and in skin which would result with not having the possibility to work together and if the rich folk do not work together they don't stay rich that long neither. Its just gonna be a tough fight until we tear down the wealth gap.

[hatshepsut93]

It really does. Public/open blockchains are much more transparent than legacy banks. There is all sorts of legal red tape for government agencies to surveil citizens (at least in western countries). If governments could get people to use KYC-linked blockchains, people would be offering them all their financial activities on a silver platter. No need for court orders or grand juries or subpoenas.

Public KYC-linked blockchains would be a huge mess for everyone involved, it would mean that not only government can view all transactions of every citizen, but also everyone else - the citizens, foreign governments, criminals, terrorists and so on. Any such blockchain would be quickly banned because of how much danger it creates, it's essentially an open database for robbery targets, or a perfect dataset for creating targeted ads.

[BitHodler]

blockchain and cryptos are different . blockchain is a technology and cryptos are currencies  .  we can use blockchain without cryptos

It depends on whether or not you're dealing with a private blockchain. Private blockchains don't necessarily need a native currency/token to utilize. In that case it will be similar to how you use a database.

Public blockchains such as Bitcoin do require a currency. It's to reward miners and you need Bitcoin to pay for interaction with its network in case you're using applications built on top of it. No Bitcoin means no interaction.

The same applies to Ethereum and the many dapps running on top of it. Even if you don't like Ethereum, you still need Ether in order to interact with these dapps. Similarly, no Ether means no interaction.

[juperos]

But it will be quite dangerous for older people and do not understand much about technology.
You know, the wallet address implementation and stages are also quite complicated. If they fill in the wrong wallet, their money will surely be lost and there is no refund system.
That is also one of the reasons why it is not widely used.

[audaciousbeing]

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?

To be factual, as much as there are untold advantages that could arise as a result of a uniform currency to be used around the world, the praticability is one issue that I dont see happening in a lifetime. Countries that have been together by trying as much to unify most of their activities such as currency, immigration, language and even form of administration are breaking apart because they feel one is giving more to the union than the other.

There have also been countries within the same continent trying to even have one uniform currency for decades and that is still not close to being implemented. That is not to talk of the world powers always at each other throats in ensuring they outshine one another either by campaign or by spying among other means would even go a long way in frustrating the use of anything that could share the characteristics.

[auntyjmary]

It seems impossible to most people but I strongly believe that there would be a time where many people would appreciate that it is very possible for the world to make use of one cryptocurrency. Despite the poor economy and high inflation in many countries, the US dollar is used predominantly in most international transaction this is a clear indication that some sort of a common currency for the world is feasible.