Technology is increasingly advanced and without us knowing it, human civilization has gone through three stages of the industrial revolution. From the first appearance of factories, then tall buildings, to the internet network. Every revolution plays a very significant role for our future. Now, it is said that we are experiencing a fourth industrial revolution.
Yes. Blockchain technology is the carrier of the industry revousi.
The presence of the blockchain encourages the digitalization of assets, agreements, human identities, places and whatever we know. If the internet changes how people interact, blockchain will change how people transact and trust one another.
At present, centralized or server-based technology is quite obsolete and large companies like Walmart are starting to turn to blockchain decentralized technology. Not only Walmart, other companies such as Amazon, Facebook, and others began to use the blockchain.
You might still remember the dot com bubble that made many companies out of business and investors lose money because the internet was booming at that time. But now, the dot com company fever is over and the economy is stabilizing even though the internet and e-commerce are getting more and more accepted.
FOMO cryptocurrency because of the bitcoin fever has indeed been shocking. Many argue that the bitcoin bubble has erupted at the end of 2017 and has an impact on the fall in the price of bitcoin until the end of 2018. As a result, investors are losing money.
However, with the acceptance of the blockchain, slowly, the community and the government will start accepting cryptocurrency. So that crypto coins are no longer foreign goods and their value will be stable in the near future.
At the end of 2018, the central banks of all countries were advised to consider the cryptocurrency. Even Sri Mulyani also acknowledged that this virtual currency has advantages in terms of speed.
At present, Indonesia does not yet recognize crypto as a legal payment instrument. But if someday, this cryptocurrency is considered legal in almost all countries, do we still refuse? Or also welcomed the development of technology?
