When we look at present currency and how it is being manage, the introduction of bitcoin and other currencies will just alter that chain of the normal currency and it is going to be more difficult to price goods or allocated goods with prices.
To me, if there are no people to invest and that take the risk to trade or buy and sell coins, the coins will go to inexistence.
Many people lack patience. They envy the lifestyle of those who took risk way back before being where they are now. The cars, houses and many other luxury investments those people have. You coming in now into the block world, you will be expecting immediate results. But I will say “sorry”, that’s not the case. You need to be patient too.
The only problem that could be faced here is during the imputation of the data. If the data is collected wrongly, then they are to do nearly everything wrongly. The problem are HUMANs.
Blockchain technology has made it possible for information to be save. With the blockchain, information could be kept save and for a very long period of time without being interrupted or destroyed. Not only for money transactions, not only for coins, but for a general-purpose including saving information.
The world with bitcoin today, is not like before. How bitcoin is large today and known by so many, Is not as before. The courage people have to deal with bitcoin is different as before.
How the internet came into existence and many didn’t know about it, that is how bitcoin is today. The internet changed the way people communicated; bitcoin changed the way money works.
Most people accept crypto currency during this Covid19 epidemic. do you want to know why? Because you could make money and at same stay save from the virus, just ordering from delivery companies with amazon inclusive, thus making the Man more money.
To an extend, if everyone should accept crypto, sending and receiving crypto will be very easy. Though before we get to that stage, we will all pass through measure challenges and if this challenge is above us, then dropping it completely will one day be an option.
Town planning is an essential government task that the government tries as much as possible to maintain. The government makes it possible for all this secured in the blockchain.
