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RE: Daily Crypto Markets Live Blog: Crypto Markets Still Moving UP A Bit (06/01/22)

in LeoFinance3 years ago

Brazilian Blockchain Network launched two days ago. It seems that governments are more interested in the blockchain technology itself rather than its crypto application. That's understandable for crypto is more of a threat than an aid, whereas blockchain is perceived as more of a tool to restore trust rather than a threat to the establishment.

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That's a good thing. At least they see and welcome the technology and not opposing it. Maybe someday, they will have a go with crypto too.

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When the establishment is left with no choice but to give in to popular opinion, I wish and pray that finally, they will agree to their own "castration," aka transferring money back to the market. 😄

Let's fervently pray and hope for that to happen. Perhaps it will, only needs time. People can be stubborn and always insist on doing things traditionally. But when all is exhausted and nothing has been achieved, I think that's the time :)

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I remember Belgica's slogan before, "Ang pera dapat nasa tao, wala sa gobyerno." The other way of saying it is, "Money must be returned to the market. It's high time for a new kind of separation, between money and State." 😄

Sadly, he lost noh? Hoping for that to happen in the sooniverse hehe. Although it may be challenging with the many forces inside the government. Sana lang, sooner mangyari hehe

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Yon nga lang. He lost. 😆

Sayang nga. Pati pala si Pinol, natalo din. At least sya adoptive sa modern times

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It should have happened a long time ago, it just has to be done the hard way haha.

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Yeah. How about the separation between politics and special interest groups? Don't you think such a thing will follow once the monopoly over money has been taken away from the State? 🤣

That is why as long as a system like the current one continues to function, we will never see real changes, since it is a system that has worked for centuries and they do not want to give up that power.

Blockchain can also be used to enhance control over us when used by governments.

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Curious how are they going to implement that?

Hey, I hadn't thought about it but it makes sense.

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Very true, although eventually people will go to cryptocurrencies, as there are developments in blockchain people think about cryptocurrencies.

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Yeah. Though governments might not like the "unintended consequences," their move to blockchain might open the eyes of the people toward cryptocurrency.

Exactly, even if they want to, they can't stop progress.

🙂

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