Topic: Is crypto capable of making the world go digital? - page 20. (Read 4304 times)
in time the blockchain will be integrated in almost all areas specifically related to internet and networks because this technology is very transparent, low cost and also very effective to use. blockchain will provide direct or indirect benefits and its use is not only profit oriented but also for non-profit institutions
We are heading to a cashless society with or without the blockchain technology. The internet and computer technology is gradually making cash unnecessary to carry about.
As one can use Internet and mobile banking.
Also debit cards. Digital currency can only facilitate the digitalization of the world.
Bitcoin offers a level of control to individuals that can not be gotten from any other financial sector.
As you are completely and solely responsible for your assets.
As one can use Internet and mobile banking.
Also debit cards. Digital currency can only facilitate the digitalization of the world.
Bitcoin offers a level of control to individuals that can not be gotten from any other financial sector.
As you are completely and solely responsible for your assets.
the world is already mostly digital and is moving towards becoming completely digital but none of it has anything to do with blockchain technology or cryptocurrencies. in fact the blockchain technology has a lot of potential but these are limited to certain areas, mainly a decentralized currency is the focus of the usage of this technology and not much else. in other areas this technology is not as good.
This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
What do you mean by "making the world go digital" exactly? Isn't most things already digital including money? Blockchain is an incredible tech and banking institutions are already starting to implement it, but the way they transact with money is already mostly digital. Most of the money in the world is just numbers on a screen and if probably even 20% of people tried to withdraw their money out as cash it would crash the economy. One thing I like about bitcoin though is you can't create money out of thin air or spend money you don't have, but that's where banks make their money.
This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
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