Therefore, it is of no surprise that investors have shown considerable interest in owning Cryptocurrencies such as Bitcoin and, indeed, have turned to use it in countries where there has been a loss in confidence in the economy, or the ruling government.
However, caution is required since there is a growing body of evidence that governments in many countries are suppressing and potentially shutting off the internet, including:
Egypt China Russia Chad Ethiopia Kazakhstan The Democratic Republic of the Congo India Indonesia Sudan Venezuela Indeed, just this week Iran saw its government try and shut down the internet, to suppress its citizens who were rioting because of the recent 50% hike in petrol prices.
The ability to control and potentially shut down a country’s internet has to raise serious alarm bells if we are going to see further adoption of Blockchain technology. For example, were a country to be using Blockchain technology and therefore reliant...
Egypt China Russia Chad Ethiopia Kazakhstan The Democratic Republic of the Congo India Indonesia Sudan Venezuela Indeed, just this week Iran saw its government try and shut down the internet, to suppress its citizens who were rioting because of the recent 50% hike in petrol prices.
The ability to control and potentially shut down a country’s internet has to raise serious alarm bells if we are going to see further adoption of Blockchain technology. For example, were a country to be using Blockchain technology and therefore reliant...
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