The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the world’s largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
Government would not want a decentralized digital currency to be implemented in a particular country. They would want a currency that they can control in order to provide protection for their people. Uber became the largest taxi service because it provides the best and efficient transportation for people. Many people use bitcoin but there are also a lot who were scammed and affected by the fluctuations of bitcoin, the government does not want these things to happen a bigger number of people that's why there are now centralized currencies being adapted by banks to provide efficiency and a faster way of transaction but with greater protection for the users. And it is growing much today, ripple and neo.
