What will happen with Blockchain technology in the next 50 years?
The future will definitely will be largely run on technology, and this will give cryptocurrencies and Blockchain tech more power to control and lead the financial market. Transactions will be done in milliseconds, third parties will be eliminated and there will be even more Freedom when it comes to dealing with monetary related services. 
Topic: Where Will The Digital Economy Take Us? - page 6. (Read 1388 times)
I think the digital economy gonna take us into a cassless society.
It soley depends upon how we make use of it,
If given .. great direction...it will make everything easy and make economy stronger and it can even make poverty a thing of the past if.. everything went well.
If it isn't implemented correctly, it can cause.. very big problems, for everyone! And everything can go down too.
I think it will for sure.. make the big money whales in the market even stronger, whereas what will happen to Poor's is a difficult thing to tell because I haven't seen.. anyone officially coming forward to answer this question.
If given .. great direction...it will make everything easy and make economy stronger and it can even make poverty a thing of the past if.. everything went well.
If it isn't implemented correctly, it can cause.. very big problems, for everyone! And everything can go down too.
I think it will for sure.. make the big money whales in the market even stronger, whereas what will happen to Poor's is a difficult thing to tell because I haven't seen.. anyone officially coming forward to answer this question.
Blockchain technology necessary to develop and this will always happen to stop it is impossible, but there is one very important point which is always worth paying attention to is that the decentralized blockchain technology can be centralized and have even come altcoins where there is centralization and it is very dangerous if a large state or large large financial institutions or private investors will be done in a Monopoly on the blockchain
Digital Economy might either lead us to an even worse economy if technology were to be handles improperly. There could be a risk of a lot of unemployment if we just keep on letting electronics lead our economy. The basic application of technology in our daily lives already proved its simplicity in doing all the processes. An application of technology in the whole economy could make up for its worst or the best. It will depend on how the government manipulates the blockchain technology. It can be either ruined due to high taxes in transactions. No one really knows what will happen, but as what I can suggest is to develop the blockchain technology even more.
I guess we're going to have adjustment in the economy and it should be on process. yes the world is changing we should change for the new infomation age or technology age.. Digital revolution will take over this era.
Digital Economy might either lead us to an even worse economy if technology were to be handles improperly. There could be a risk of a lot of unemployment if we just keep on letting electronics lead our economy. The basic application of technology in our daily lives already proved its simplicity in doing all the processes. An application of technology in the whole economy could make up for its worst or the best. It will depend on how the government manipulates the blockchain technology. It can be either ruined due to high taxes in transactions. No one really knows what will happen, but as what I can suggest is to develop the blockchain technology even more.
I guess we're going to have adjustment in the economy and it should be on process. yes the world is changing we should change for the new infomation age or technology age.. Digital revolution will take over this era.
Digital Economy might either lead us to an even worse economy if technology were to be handles improperly. There could be a risk of a lot of unemployment if we just keep on letting electronics lead our economy. The basic application of technology in our daily lives already proved its simplicity in doing all the processes. An application of technology in the whole economy could make up for its worst or the best. It will depend on how the government manipulates the blockchain technology. It can be either ruined due to high taxes in transactions. No one really knows what will happen, but as what I can suggest is to develop the blockchain technology even more.
No one can predict what will happen tomorrow with 100 percent certainty, yet alone for 50 years. But one thing is for sure, and that is that blockchain technology brought something new to us, and changed future forever. In near future we will see more and more currencies based on blockchain technology, which we see even today. At the end only best will survive, and for that we must wait and see. There is possibility that in the future all currencies will be based on blockchain or something that will come from it.
Yes it is true that no one can predict bitcoin properly. I have seen various circumstances and I think all of these things will say that blockhain technology can be applied in our financial system in the future. We all know that blockhain is an advanced technology that we can use well and correctly. There should be a variety of support to be able to implement these technologies in the future. But we all believe that someday blockhain technology can we use appropriately and beneficial for various financial systems in the world. 
Into a better and smooth society which is free from corruption because it is decentralized.
that is actually what bitcoin with its advanced technology can do ideally in the real world , but did you know that not much people with superpower out there take it as advantage? mostly they are afraid to adopt this kind technology .reasonable enough as it is like about to stake a lot of people life so requires a careful decision .
I suppose the changes will be seen earlier, in the nearest 8-10 years. Today they have already started to talk about decentralized internet. Less people will start using banks, and banks will have to reduce their commissions.
Banks are just going to evolve and adapt to bitcoin, I'm sure they are thinking about it, if possible they are going to prefer bitcoin to be destroyed but if that is impossible they are going to try to become the winners in this new system, in fact I will not be surprised if banks have already began to buy bitcoin secretively at cheap prices the last time bitcoin crashed so it is possible they are in fact interested that bitcoin gets major adoption to make a lot of money.Banks are unlikely to embrace Bitcoin or some other crypto any time soon. They are all heavily regulated, and it is impossible for them to start accepting cryptocoins entirely on their own. In short, it won't happen until central banks allow them to do that, but this is even less possible because crypto is a strong competitor to national fiat currencies. Only a few small countries have accepted a foreign currency as legal tender, but no country has so far accepted Bitcoin fully.
What will happen with Blockchain technology in the next 50 years?
Brave New World, Blade Runner and so on, simple!
I suppose the changes will be seen earlier, in the nearest 8-10 years. Today they have already started to talk about decentralized internet. Less people will start using banks, and banks will have to reduce their commissions.
Banks are just going to evolve and adapt to bitcoin, I'm sure they are thinking about it, if possible they are going to prefer bitcoin to be destroyed but if that is impossible they are going to try to become the winners in this new system, in fact I will not be surprised if banks have already began to buy bitcoin secretively at cheap prices the last time bitcoin crashed so it is possible they are in fact interested that bitcoin gets major adoption to make a lot of money.Banks are unlikely to embrace Bitcoin or some other crypto any time soon. They are all heavily regulated, and it is impossible for them to start accepting cryptocoins entirely on their own. In short, it won't happen until central banks allow them to do that, but this is even less possible because crypto is a strong competitor to national fiat currencies. Only a few small countries have accepted a foreign currency as legal tender, but no country has so far accepted Bitcoin fully.
What will happen with Blockchain technology in the next 50 years?
Probably will be replaced by other technology.
why your title difference than your topic?
Into a better and smooth society which is free from corruption because it is decentralized.
No one can predict what will happen tomorrow with 100 percent certainty, yet alone for 50 years. But one thing is for sure, and that is that blockchain technology brought something new to us, and changed future forever. In near future we will see more and more currencies based on blockchain technology, which we see even today. At the end only best will survive, and for that we must wait and see. There is possibility that in the future all currencies will be based on blockchain or something that will come from it.
What will happen with Blockchain technology in the next 50 years?
Blockchain is currently a sophisticated technology and currently there are also some major projects that utilize Blockchain technology. I've heard that there is a development of a BANK using this technology, If this is true then of course digitalization would be the best option for future use. Inevitably we must be ready to use technology that is more sophisticated, because if not implemented from now then everything will become increasingly difficult. Technology is created because to simplify all the activities we do, the various sectors that become one of the most important part must be able to apply the technology. I am optimistic that there will be times and conditions under which we can apply digitalization in everyday life, including implementing blockchain technology and using Bitcoin in transactions every day. Someday the world economy will change and will be different than now, everything will be online and this is a demands of the times. Blockhain can still be used and I think not only for 50 years, Blockchain can be utilized much longer.
The blockchain technology is truly a remarkable innovation in this century. There are some banking systems and businesses that have adapted this technology even though it's still in its early stages of development, and, there will be more in the next 50 years.
What will happen with Blockchain technology in the next 50 years?
My future vision that the digital economy will take us to newest and most high technology of digital currency form,that can serve us fast trading exchange, in a split of a second and all hard fork problem will eliminate,and all transaction in the banks will become a dependent on bitcoin legacy,and people not using a paper money of all transaction in buying and paying bills,and lastly that time bitcoin is legalized by the world government that thing happen in bitcoin soon in 50 years.
Well digital economy is for sure..take us to a world which is more flexible, more open to everyone and where gold and other currencies are not given that much importance, also, it will give the stock exchange and the gold market a big blow.
People will be able to track everything, every transactions and make everything easy for everyone.. it will reduce the corruption and will help in various other sectors too...
Bitcoins will help the blockchain technology to grow..we are already using it in a big way in places that one would never expect.. thus I think government and other authorities will also adapt it and put it in working making everything more transparent.
People will be able to track everything, every transactions and make everything easy for everyone.. it will reduce the corruption and will help in various other sectors too...
Bitcoins will help the blockchain technology to grow..we are already using it in a big way in places that one would never expect.. thus I think government and other authorities will also adapt it and put it in working making everything more transparent.
of course leads us to riches. digital economy will make us a new entrepreneur, whether it is a reliable trader, or make us an excellent accountant.
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