Viewing a response to: @future24/blockchain-news-why-governments-are-interested-in-the-blockchain-technology-english-german
What I do not understand is how abolishing cash by supposedly luring people into cryptocurrency would meet the alleged government goal of eradicating any private control over and/or having 100% view on citizen's personal finances . Pushing cash out only to see oneself confronted by untraceable peer-2-peer Internet currency seems like a step back for government control.
post_id | 3,701,891 |
---|---|
author | wekkel |
permlink | re-future24-blockchain-news-why-governments-are-interested-in-the-blockchain-technology-english-german-20170610t123652539z |
category | blockchain |
json_metadata | "{"app": "steemit/0.1", "tags": ["blockchain"]}" |
created | 2017-06-10 12:36:51 |
last_update | 2017-06-10 12:36:51 |
depth | 1 |
children | 1 |
net_rshares | 26,237,164,099 |
last_payout | 2017-06-17 12:36:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.080 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 374 |
author_reputation | 794,328,234,724 |
root_title | "🌍 Blockchain News: Why governments are interested in the Blockchain Technology? (English/German)" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
future24 | 0 | 11,152,550,715 | 100% | ||
heymattsokol | 0 | 15,084,613,384 | 100% |
I agree fully with you @wekkel - gov't can easily control cash (see: India cancelling 80% of its currency). You can't do that with bitcoin, unless you shut down the entire internet (which would destroy the country's infrastructure and kill a bunch of poeple)
post_id | 3,702,134 |
---|---|
author | heymattsokol |
permlink | re-wekkel-re-future24-blockchain-news-why-governments-are-interested-in-the-blockchain-technology-english-german-20170610t124323148z |
category | blockchain |
json_metadata | "{"app": "steemit/0.1", "users": ["wekkel"], "tags": ["blockchain"]}" |
created | 2017-06-10 12:43:21 |
last_update | 2017-06-10 12:43:21 |
depth | 2 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-06-17 12:43:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 258 |
author_reputation | 75,470,595,669,689 |
root_title | "🌍 Blockchain News: Why governments are interested in the Blockchain Technology? (English/German)" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |