Cryptocurrencies: 2297 / Markets: 19051 Market Cap: 24h Vol:
CCN
2019-05-25 14:45:45

Bitcoin Is Plagued by an Insidious Flaw – But It’s Not What You Think

By CCN: Bitcoin has a crippling governance problem, but it’s not what you think it is. Technical solutions deftly manage consensus on the world’s most popular cryptocurrency network. But how will we deal with wealth inequality – and the power imbalance that inevitably accompanies it? To put it bluntly: Wealth inequality will not magically disappear in the new Bitcoin economy. Technology Made Wealth Inequality Worse – Look at Jeff Bezos A National Bureau of Economic Research report reveals that wealth is more concentrated in the US today than at any point in the last 100 years. Jeff Bezos, for example, The post Bitcoin Is Plagued by an Insidious Flaw – But It’s Not What You Think appeared first on CCN

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer