Published
5 years ago on
October 02, 2018
"This whole blockchain deal has the potential it does only because it is applicable across national borders [and] income groups. The permutations and possibilities are staggeringly great.â€Though, Clinton does worry about some of the impact that future regulations could have, stating that:
“We could ruin it all by negative identity politics and economic and social policy. You think about that."This is a very poignant statement to make and one that could get a lot of people thinking. It almost sounds like Clinton is talking about an environmental disaster - he’s putting the responsibility of the future of the blockchain, not in the hands of the technology, but in the hands of us and the regulators, as people and as decision makers. No matter how good and how powerful the technology is, if regulators don’t allow the blockchain to flourish, the whole technology could be, as Clinton puts it, ruined. Fair regulation, fair economic and fair social policy as Clinton suggests is what is needed to ensure the blockchain is able to flourish. References Cointelegraph
