Topic: Would a Crypto Based Economy Make Things Safer? - page 4. (Read 1791 times)
No matter how much we try to avoid crimes by developing, there's still a way for them to commit crime. Even if we say that the government will moderate and regulate things with crypto based economy, they cannot control every actions on the internet. Maybe it will lessen physical thefts but digitally, it will increase. With crypto based, they can have more opportunities to steal bigger amounts than physical theft.
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Your thoughts why or why not?
If what you mean by safer is that crypto will keep us away from crimes and substance abuse, I don't think there will be much difference. A crypto-based economy will not suddenly change the disposition of individual human persons. If illegal drugs are sold using crypto as a currency, it will not discourage or stop the buyer from doing so. I mean is there any relation between crypto and all these stuff?
Again, committing crime does not have anything to do with crypto. Criminals have preferences in terms of currencies most probably but crypto is never a deterrent. In crypto, there are hacking, stealing, robbery, illegal sell of arms, drugs, and many more. That is exactly the same with fiat. The only difference is that since fiat has been here for a while and it is valued quadrillions already and it is the main currency, then it is involved more of these crimes than crypto. If crypto will become the main currency then we will expect a rise of crimes involving crypto as well.
Everything has two sides. Cryptocurrency will be so productive and so advantageous if it will be used for good things. But if it was not properly used then it can be abused. As for me, we really need to make a thorough study and create a system that will optimize all the good things about Cryptocurrency.
Not only with cryptocurrency, with each and everything there will be advantages as well as disadvantages. The mistake here is the people's mind. Out of 100 persons only ten look the advantages and try to benefit out of the same while the remaining 90 make use of it in the opposite way. This is how cryptocurrencies loss its importance, if regulated the 9, persons who look for the negative side will also try benefiting out of its advantages. Regulated usage of cryptocurrency will always serve to be safe for economy.I hope that the two systems can be combined and will immediately erase the physical currency periodically, we are at the two gates of an intersecting economic order and cannot avoid it. If crypto can be implemented well then economic balance can be possible balanced and prevent the bad things that are feared.
Crimes are in human nature and they are here since human life started. I don’t think there is any relationship between crimes and economic system. Crimes will remain in the society whether we follow fiat or cryptocurrency. Not all crimes are for money, they can be for power, revenge and other such thing.
As the state of economy does at times really influence levels of crime and social aspects in any community.
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
We can only make assumptions for now since there are no state yet that fully regulated crypto to help their economy and give a fair fight for everyone regardless of the level of the society they belong to. Having a crypto based economy can still be dangerous at some point since crimes and illegal transactions can be easily done with the use of cryptocurrency under the black market but still if this thing would be handled through legal actions and monitored transactions, maybe at some point, it can help a state have a better economy and equality among its citizens. Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Everything has two sides. Cryptocurrency will be so productive and so advantageous if it will be used for good things. But if it was not properly used then it can be abused. As for me, we really need to make a thorough study and create a system that will optimize all the good things about Cryptocurrency.
Not only with cryptocurrency, with each and everything there will be advantages as well as disadvantages. The mistake here is the people's mind. Out of 100 persons only ten look the advantages and try to benefit out of the same while the remaining 90 make use of it in the opposite way. This is how cryptocurrencies loss its importance, if regulated the 9, persons who look for the negative side will also try benefiting out of its advantages. Regulated usage of cryptocurrency will always serve to be safe for economy. 
As the state of economy does at times really influence levels of crime and social aspects in any community.
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
The rich can always buy all they want while the poor cannot and had to find ways to accumulate more, nothing will really change just because they implement Cryptocurrency into their system, and a criminals will always commit a crimes because a criminal has a mind of criminals even if they are rich or poor, we are still going to rely on the government for peace and order.
But a cryptocurrency is not that hard to regulate in a certain country if the government is knowledgeable and know the benefits of it. They will never let a chaos occur as long as they manage it properly and let the citizens use a crypto in normal way. It is normal for the government to ask benefits from something that they know when money is involved.
Everything has two sides. Cryptocurrency will be so productive and so advantageous if it will be used for good things. But if it was not properly used then it can be abused. As for me, we really need to make a thorough study and create a system that will optimize all the good things about Cryptocurrency.
You're throwing a lot of social issues that are not related to each other, and the roots for some of them aren't event related to money at all, such as substance abuse.
Crypto exist because there's a flaw in the fiat system, which is the lack of decentralization. There might be some side-effects such as an increase of transparency, etc, but it's not a one size fit all solution. Judging from your post, it seems 'safer' means that the number of crime and etc would decrease. I'd say no for that. There's no guarantee. But it will be 'safer' in terms of transactions security & decentralization.
Crypto exist because there's a flaw in the fiat system, which is the lack of decentralization. There might be some side-effects such as an increase of transparency, etc, but it's not a one size fit all solution. Judging from your post, it seems 'safer' means that the number of crime and etc would decrease. I'd say no for that. There's no guarantee. But it will be 'safer' in terms of transactions security & decentralization.
Exactly my thoughts! The world is not that easy to understand. Various factors influence others. While we can predict, to some extent, what can happen based on history and some theories, it is impossible to tell what the actual impact of crypto will be like in the future. However, it's doubtful that it will solve all of society's problems. If it was the case, crypto should be considered as a higher power or some deity. Let's not go this direction.
Or even the lack of control. Maybe a centralized system could work, but with a way to let people have actual control over their own money (which is to me basically the difference between bitcoin and all the other altcoins, where everything is under your control in terms of private keys but not necessarily decentralized if it isn't bitcoin).
As the state of economy does at times really influence levels of crime and social aspects in any community.
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
I think crypto based economy would not solve these problems. It even becomes a good environment for economic crimes. Fiat money still play an important role in our world. Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Not necessarily that the economy based on cryptocurrencies is safe and there are many cases of scams. But cryptocurrencies help the economy thrive. Countries with strong economic growth have very high participation in cryptocurrency investments. Cryptocurrencies trade quickly, costly, and high profits.
The economy of any state cannot be based on cryptocurrency. The economy of the state will always be based on national currency. Cryptocurrency is still little studied, to say now what problems it can solve. It is unlikely that she will be able to solve any global tasks of society at all. Moreover, it cannot solve the crime problem; this problem cannot be solved only with the help of financial leverage.to use this system illegally then there's nothing can stop them and it will be much easier for those illegal doers to facilitate their activities. Crypto
might enhance the process to make it much quicker but in whole it's still depends from what the users will adopt the system.
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
It wouldn't create a safer community like what you think OP. I guess you didn't saw what crimes is already happening while we are using crypto. this things won't end because we can not control what peoples mind, we have our own rules whether we choose bad or not and crypto is not that solution to stop it. crypto is to help us make our transaction more easier, safer environment is not really crypto will intend to do but blockchain will help us to trace all possible crimes that made by other people.
what i thought is that the crimes will not lessen but itll be much more .
before crypto was used on deepweb for crime stuffs and not just on deepweb but also when a criminal transact on other sites because cryptos are untraceable . so imagine if we all will only use a crypto ? i think we are all gonna be threatened and will live in a scary world . but thankfully fiats are still there along with other centralized payment options despite of the boom of cryptocurrencies .
before crypto was used on deepweb for crime stuffs and not just on deepweb but also when a criminal transact on other sites because cryptos are untraceable . so imagine if we all will only use a crypto ? i think we are all gonna be threatened and will live in a scary world . but thankfully fiats are still there along with other centralized payment options despite of the boom of cryptocurrencies .
As the state of economy does at times really influence levels of crime and social aspects in any community.
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
The rich can always buy all they want while the poor cannot and had to find ways to accumulate more, nothing will really change just because they implement Cryptocurrency into their system, and a criminals will always commit a crimes because a criminal has a mind of criminals even if they are rich or poor, we are still going to rely on the government for peace and order.
But a cryptocurrency is not that hard to regulate in a certain country if the government is knowledgeable and know the benefits of it. They will never let a chaos occur as long as they manage it properly and let the citizens use a crypto in normal way. It is normal for the government to ask benefits from something that they know when money is involved.
I still doubt if this will create a safe community with full crypto to use. we already know, fiat has strict rules and is a centralized currency. but the crime community is still large. while crypto currencies are decentralized, free and privacy. This is a great opportunity to use on crime. look on the deep web. most transactions are using crypto. crypto can indeed create equal financial markets throughout the world. crypto leaders will have the same value everywhere. but the current transaction function can't be monitored yet.
As the state of economy does at times really influence levels of crime and social aspects in any community.
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
The rich can always buy all they want while the poor cannot and had to find ways to accumulate more, nothing will really change just because they implement Cryptocurrency into their system, and a criminals will always commit a crimes because a criminal has a mind of criminals even if they are rich or poor, we are still going to rely on the government for peace and order.
As the state of economy does at times really influence levels of crime and social aspects in any community.
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Right now under the fiat system there is a major and growing sides of rich and poor.
With many times people who are "without" getting into trouble. Such as committing crimes. Getting into substance abuse etc.
If society or at least communities are able to become more independent and based their markets all on crypto. In which they follow the principles of crypto? as in prevent inflation and create an equal or at least more fair financial market. If that was the case/
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
The rich can always buy all they want while the poor cannot and had to find ways to accumulate more, nothing will really change just because they implement Cryptocurrency into their system, and a criminals will always commit a crimes because a criminal has a mind of criminals even if they are rich or poor, we are still going to rely on the government for peace and order.
Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Your thoughts why or why not?
If what you mean by safer is that crypto will keep us away from crimes and substance abuse, I don't think there will be much difference. A crypto-based economy will not suddenly change the disposition of individual human persons. If illegal drugs are sold using crypto as a currency, it will not discourage or stop the buyer from doing so. I mean is there any relation between crypto and all these stuff?
Not necessarily that the economy based on cryptocurrencies is safe and there are many cases of scams. But cryptocurrencies help the economy thrive. Countries with strong economic growth have very high participation in cryptocurrency investments. Cryptocurrencies trade quickly, costly, and high profits.
The economy of any state cannot be based on cryptocurrency. The economy of the state will always be based on national currency. Cryptocurrency is still little studied, to say now what problems it can solve. It is unlikely that she will be able to solve any global tasks of society at all. Moreover, it cannot solve the crime problem; this problem cannot be solved only with the help of financial leverage. Would this create a more safer community? would this cause people not to resort to crime? substance abuse? etc?
Your thoughts why or why not?
Your thoughts why or why not?
If what you mean by safer is that crypto will keep us away from crimes and substance abuse, I don't think there will be much difference. A crypto-based economy will not suddenly change the disposition of individual human persons. If illegal drugs are sold using crypto as a currency, it will not discourage or stop the buyer from doing so. I mean is there any relation between crypto and all these stuff?
Jump to: