RE: Cryptocurrency Vs Goverments
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No doubt technology is changing the way we view things, in terms of changing governance I do believe that but I'm not expecting the rate to be very quick though as the government still have a lot of powers to ban and unban stuffs, although value cannot be gotten rid off except they have a better update to give.
Comparing both, I still think we need the government in certain areas especially in the provisions of UBA (Universal base assets), I don't really anyone else that will handle such cause in a organized and well defined manner.
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And government is organized and well defined? (not even mentioning corrupt)
Yh it is corrupt and I think people will still find a way of sidelining things still, just like there is farming on hive. Corruption is thing that's very hard to diffuse as it is a behavioral concept.
The rules are clearly stated when it comes to the government and it passes a long line of processes and reviews which makes me view it as organized, isn't it true ?.
It happens with all governments especially. People start to feel entitled especially with other people's money.
That's the annoying part that web 3.0 decentralization takes out.