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Are Cryptocurrencies And Blockchain Technologies The Next 'Industrial Revolution'?
The ability to control our own finances will be in our own hands.
Blockchain puts user management in user’s hands. The system cannot make any action in someone’s name. Everything is transparent. Not only we control our finance, we also see everything happening behind.
The decentralised and trustless model of Bitcoin's blockchain is revolutionary.
It’s the first time in history that the people are regulating their own currency since the gold standard.
Once we have a lightweight crypto marketplace for the common person it will take cryptocurrency to a whole new level of legitimacy and usability.
is already making headway here, only a matter of time.
Blockchain can remove the need to trust organisations.
Cryptocurrencies with sophisticated governance methods like tezos allow everyone ( with currency ) to participate and have a voice in what innovations should be implemented [
Tezos Governance Explained]
The trustless nature of bitcoin is a regression as its ideal of transparency eviscerates privacy.
Big banks and corporations have a huge interest in prohibiting this and will use masses of resources and influential relationships against it.
Most people are happy trusting corporations, and do not understand or desire the decentralised trust of blockchain.
A lack of middlemen has demonstrably proved to be a negative in many cases.
The ability to control finances will be in the cryptocurrency industry's hands, because cryptocurrencies still rely on corporations to develop, maintain, and provide services.
Viability and demand for currency is ultimately driven by the state collecting and enforcing a tax.
People already have the ability to control their own finances. There is nothing new in cryptocurrencies in this regard.