Are we delusionan about a decentralized economy?

in blockchain •  7 years ago 


Are we delusional about a decentralized economy?

The question arises because of the recent happenings like the fall of bitconnect and the government getting involved in the whole situation.

Perhaps the biggest issue as we see the crypto economy evolve is that there is no form of authoritative power.
We don’t have entities that regulate anything as we are dependent on the system we are in to monitor itself.
This all gives governments enough reason to poke their long noses into the crypto economy and try to establish control.

Where will we be with this 2 to 3 years from now?

I am not an expert but what I am is concerned. Hopefully if you are seeing this you can help out with your opinion.

Thanks


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That is the beauty of decentralized system, no central authority, it is fair for everyone.

  ·  7 years ago (edited)

But it makes it precarious and vulnerable to government scrutiny. What do you say?eth.JPG

Nice post! I will follow you from now on.

Thanks man. Decentralize that!

To the question in your title, my Magic 8-Ball says:

Most likely

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

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