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Topic: How Bitcoin Could Be The Key To World Peace - page 3. (Read 550 times)

legendary
Activity: 3038
Merit: 2162
It's been 11 years, and people still sometimes talk how Bitcoin will soon solve poverty, economic problems, change society and now apparently it can even achieve world peace. But before anything like that can happen, Bitcoin needs to achieve some critical level of adoption - maybe 40-60% o the population, and we are still insanely far away from it. So, instead of dreaming about future greatness, it's better to focus on solving the current task.
legendary
Activity: 3080
Merit: 1353
I think we already saw what decentralization can bring to the table, that's why we've seen governments and banks turn their back on crypto because they know it will challenge the status quo. And that is what we are seeing right now, so its either government join the movement, otherwise they will be left in the closest.

And as Bitcoin enthusiast, we have seen that it gives up monetary power and financial freedom from big corporations, and I think this will hold true in the next decade.
Ucy
sr. member
Activity: 2674
Merit: 403
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Exactly. Governments can actually be part of crypto though.
I think it will help make government  more responsible, less corrupt, less wasteful, more honest etc. I believe there are lots of people in governments that want to be good/honest but can't, due to the current order.
I doubt cryptocurrency will bring world peace though. True World peace can only be achieved under the universal Kingship of the coming True MESSIAH.

"He will judge between the nations and will settle disputes for many peoples. They will beat their swords into plowshares and their spears into pruning hooks. Nation will not take up sword against nation, nor will they train for war anymore." — Isaiah 2:4

Audio Book of Isaiah.
https://www.youtube.com/watch?v=C6oYhZCgN6c&list=PLHZp_z2RSv22NTf-Mqsfj9adjWMtuMSIe&index=24&t=0s
legendary
Activity: 3472
Merit: 10611
it is such a naive thing to say in my opinion. world peace has nothing to do with taking power back from corporations and government through decentralizing money. the wars all around the world will continue as long as human beings are ambition and psychopaths are in seats of power wanting to expand their territory, keep their "supremacy",...
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I do not know about World Peace, but Bitcoin can help to have a more transparent voting system and it might help to reduce the impact that a corrupt government might have on a country. When you have transparency, you have accountability to your voters and that is what most of these governments needs.  Wink

Bitcoin can also help to make tender processes more transparent, so there will be less corruption in the whole procurement and payment process and this will put more funds towards projects that would provide services to the citizens of that country. < The funds will not be stolen and redirected to government officials pockets.>  Wink
legendary
Activity: 3346
Merit: 3130
I don't think Bitcoin will make USA stop attacking countries for their oil, or bitcoin will end with Religion wars. Some problems are deeper than an economic problem. Maybe bitcoin could stop some poverty but it will not stop some crazy powerful people from abuse.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
I like his idea about the protest. Instead of people going to protest, they can easily give their thoughts and idea that the government should give back what the people deserve.

And through buying bitcoin, it's like that because bitcoin is decentralized and it's more of the power of the people who have it. Because, we are the ones who are determining the greater value of bitcoin and they don't have authority to control it but they all have the means to regulate businesses that uses bitcoin.
legendary
Activity: 3080
Merit: 1500
Quote
"the biggest thing bitcoin brings is the decentralization of monetary power. If you have government and big business get together, they usually get what they want.”

That's a powerful statement! Bitcoin effectively brought decentralization of monetary power to the world and that is being seen as a challenge by the governments and banks worldwide! Because with bitcoin, people won't need basic banking services anymore. So that's a big threat to the banking business and since banking sector is the main funding provider to the government and has a very strong lobby within the bureaucracy, governments are also seeing it under a negative light.

Decentralization of monetary power can be a good thing for democracy, but it shouldn't lead to social unrest later on by some evil forces with the power to radicalize people!   
legendary
Activity: 2576
Merit: 1860
According to this post by Adrian Barkley, it says crypto can elevate the individual over the dominance of corporations and government due to the fact it is a decentralized asset. It further reiterated that people should focus on taking the power back for themselves, decentralizing power. And it starts with bitcoin instead of protesting on the streets, where the risk of getting injured or killed is a lot greater.

I am in 100% align with his belief or what did you think?

Bitcoin is empowering indeed but it does not really bring the individual to a level higher than the corporations and governments. That is taking it a bit too far. The truth of the matter is that the power still rests on the people. Nothing has changed really. It's just that the great majority of the people are already indifferent or apathetic to what's happening around. They need to wake up first.

Bitcoin as a key to world peace is, again, taking it a bit too much. World peace is a vision which is impossible to reify with or without Bitcoin. But, of course, it does not mean that efforts to attain it are simply a waste. The process is always better than the result in this regard.

I have read time and again how some people are interpreting Bitcoin as if it is a silver bullet to end global poverty, boost countries' economies, provide freedom to the people, key to world peace, and so on and so forth. I think we need to take a pause and look at what Bitcoin really is.
hero member
Activity: 2338
Merit: 757
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It's more about blockchain decentralisation than just bitcoin in specific. Imo, bitcoin would take a long time to replace the actual fiat which is still idealistic to be true.
The world peace seems to be also an imaginary thought. I can say that humanity has more chance to unify as a global community and may achieve more freedom.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
According to this post by Adrian Barkley, it says crypto can elevate the individual over the dominance of corporations and government due to the fact it is a decentralized asset. It further reiterated that people should focus on taking the power back for themselves, decentralizing power. And it starts with bitcoin instead of protesting on the streets, where the risk of getting injured or killed is a lot greater.

I am in 100% align with his belief or what did you think?
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