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Topic: Cryptocurrencies and its political nature. - page 5. (Read 1710 times)

full member
Activity: 168
Merit: 100
September 16, 2017, 07:20:29 PM
#3
people are coming to understand  that cryptocurrencies is a better form of money because they are governed by code alone, which  makes the contract digital sacrosanct

"Governed by code alone, making the contract digital sancrosanct."

That is a decent way of putting it.

Context is where economics discussions become complicated. Many have a tendency to define terms like centralization, regulation, capitalism/socialism and crypto in absolute context. To say that capitalism is always better than socialism is an oversimplification. There are strengths and weaknesses, advantages and disadvantages in everything.



In every things in this world has its own strength and weaknesses or advantages and disadvantages. If this would be officially worldwide accepted I mean fully accepted, this has to be the most successful one. The nature of cryptocurrencies will be the one of the sign through modern era of the world market. It has to be better than money itself.
legendary
Activity: 2562
Merit: 1441
September 16, 2017, 05:03:33 PM
#2
people are coming to understand  that cryptocurrencies is a better form of money because they are governed by code alone, which  makes the contract digital sacrosanct

"Governed by code alone, making the contract digital sancrosanct."

That is a decent way of putting it.

Context is where economics discussions become complicated. Many have a tendency to define terms like centralization, regulation, capitalism/socialism and crypto in absolute context. To say that capitalism is always better than socialism is an oversimplification. There are strengths and weaknesses, advantages and disadvantages in everything.

member
Activity: 102
Merit: 14
September 16, 2017, 11:39:46 AM
#1
The  nature of cryptocurrencies is very political because no single government that can control them. Unlike all other forms of wealth that can be expropriated from the individual. Also people are coming to understand  that cryptocurrencies is a better form of money because they are governed by code alone, which  makes the contract digital sacrosanct
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