Can Blockchain technology stop WAR...??

in #life7 years ago (edited)

war-472611_1280.jpg

Before I begin I would like to thank @yourhelper for the motivation behind this post.

It was because of this post by @yourhelper I decided to write my point of view on how to stop on going wars within one month.

Well if it was so easy to stop the wars than we wouldn't have to bare UN peace talks bullshit all these years. But anyways that is not the objective of writing this post to blame others.

Whatever little knowledge I have gained over the years I know that most of these wars are funded by so called unaccounted money or popularly known as "Black Money".

Since it is unaccounted money it becomes nearly impossible to track the source of this money.

Now, since we know black money is the head of the snake and all these unaccounted funding is one of the major reason how these wars are able to get financial aid. So, to kill the snake 'WAR' cut the supply of black money.


How to stop black money transactions?

I think below mentioned steps can help in curbing menace of black money:

  • Ban fiat currency transactions in countries where wars are going on.
  • Innocent Civilians should be allowed to exchange their fiat currencies with cryptocurrencies in a given stipulated period of time.
  • People with valid government ID proofs should only be allowed to exchange their fiat currencies.
  • Local government should be more proactive on keeping a check on the number and amount of transactions that are happening per account.
  • If any account is detected with abnormally high transactions it should be freezed immediately.
  • Government should put a cap on daily transaction limit, so that it becomes more difficult to transact huge stacks of black money.

I know it's easier said than done but I strongly believe if blockchain transactions are incorporated than black money will ultimately suffocate to death.

But this is only one aspect of the issue. Just by curbing black money not all the problems will be solved.

A well stable democratically elected government has to be in place to fight against the evils of war. Most of these countries where we see war happening don't have any democracy. There is no one to listen and understand the issues of local people.

Charity and donation from developed countries will only help for sometime but in the longer run it is the local people and the government who has to find a middle path and work towards economic and social upliftment.

I tried to be short and crisp with my point of view since this post is a part of the contest organized by @yourhelper.

Image Source: 1


Please let me know what you guys feel about this issue? Is there a way we can fight against war and spread peace.

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now this is some great thinking my friend. brilliant thought post! upvoted much love to you

thanks for your appreciation :)

I think we would have to ask the Byzantine Generals for the answer :)

True that :)

Nice post. Thank you for trying!!!

welcome :)

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