RE: Can Blockchains Replace Governments?

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Can Blockchains Replace Governments?

in blockchain •  8 years ago 

Yes, they can... but with the current state of blockchains it will take a VERY long time before that happens. In this time and age that means at that within ~6 months we will probably see a blockchain based country somewhere in the world ;-p

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Would be nice but Will not happen that soon. First the Major banks Will adopt blockchain for financial transactions. Next up are countries. Will take a few years as understanding of blockchain and knowledge is not sufficiently developed throughout the world yet. Only a few people truly have indepth knowledge and still are learning new things every day

Yes. I think so. It will takes long time.