Especially the taxation and corruption issues make me think. The beauty of the blockchain technology is the decentralization and anonymity, yet these create dangers beyond our recognition as well. To fight these would be a violation of the core values of the blockchain technology, but to just let them be would be potentially dangerous. A tough nut to crack indeed.
RE: Laws That Will Be Required To Change For Blockchains!
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Laws That Will Be Required To Change For Blockchains!
Finding a balance between privacy and accountability is very crucial
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Agreed...
There is always talk about what blockchain tech can do, but nobody wants to look at the legality. If there will be a mass adaption, there will be several laws that have to change!
Great Content!
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The government will tear its hair off solving this issue haha.
Thanks!
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