A Blockchained Country: Transparency At It's Core

avatar
(Edited)

You can't talk about the crypto world without making mention of the word "blockchain" and how it helps keep the crytpo world alive up until today.

Source

This blocks are open for anyone to see without having to get permission from anyone and not restricted to limited number of people.

You can't empty someone else's wallet but you can be accurate about everything that goes on in their wallet thereby knowing how the money goes in an out.

The question is can it be possible to get our offline world blovkchained to a very high level?

For example: Each country's transactions and financial details all on the blockchain where any citizen can be able to access the country's transactions from daily transaction to monthly budgets.

Source

Idk if thats already rolling in or maybe there would be plans for that in the future but if I have the power its worth trying out and see how things goes
or turns out in the end.

Moreover each head of state do make public statement of its budgets and how the state's money is being spent or going to be used ranging from yearly budgets to monthly projects.

Do you think its a good idea to get such plans put in place? it might not even be possible..., I mean its a whole country's vault.

Diving further into the possibility of a Blockchained world.

Source

What are the benefits we all can gain as a country or what good does a country having all its transactions and financial system blockchained gets in return??

Transparency About The Country's Financial State

Source

This is a very clear and open term that has been lacking in the system of government we have today.

They just don't know how to say exactly what's going on, its either they lie about it or manipulate the masses into thinking something else while they have another hidden agenda.

I have seen cases where a new governor got into his new office and he said there's nothing left in the states purse making it clear that the state is in debt but some months ago it's a different story.

The ex-governor before leaving the office, he made a press conference noting that he paid up all the debt the state owes before leaving the office, using the workers salary.

He has spent 8 years which is the longest period of time for any governor post in Nigeria, for this reason the innocent civilians/workers are the ones who won't be paid because the money needs to be used for the benefit of the state.

The story is now different after a new governor steps in, Is this transparent enough, what's the real truth and who's the liar among the two?
Source

The hard truth can be that both parties are not being honest about how much the state has or owes. There might be money left, debts to pay or just an account with zero balance.

While all these are just speculations, how do we trust someone with thousands of citizens money for development of the state, its hard due to past events and this problem can be easily solved through the help of the blockchain.

Every citizen of the state can get to the root of the issue and know how much is left or owed during the process. Easy

Source

Idk if this will ever happen in my lifetime but do we see it happening in the future ??? Do you think it will be a better alternative or what other option there is out there that works in you country...?

If It does happen then that's good but rn we'll have to deal with the gaslighting technique we are being presented with by these animals in human skin.

Let Me Know How You Feel About This In the Comments

SEE YA NEXT TIME 😊

Posted Using LeoFinance Beta



0
0
0.000
13 comments
avatar

Congratulations @marvinix! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You published more than 90 posts.
Your next target is to reach 100 posts.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Hive Power Up Month - Feedback from day 3
Happy New Year - Feedback from the first Hive Power Up Day of 2022
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
avatar

I don’t see that coming in the next 100 years, not in Nigeria. The issue of transparency in government can never be resolved. If that happens, couple with the resources we have and the fertility of our land, Nigeria might end up being one of the best countries in the world.

how do we trust someone with thousands of citizens money for development of the state

Our government is based on deceit, for Governors to hold on to the palliatives asked to be given to citizens during COVID-19 lockdown. Food that their they can’t finish, food that will spoil before their generations will come, how much more money that can be kept for generations to come.

It looks to me that the greatest scam on earth is politics. People who swears to serve us, but their main intention is to starve us.

With this, I rest my case

0
0
0.000
avatar

I don’t see that coming in the next 100 years, not in Nigeria. The issue of transparency in government can never be resolved.

There's no doubt about that. Its just a wishful thinking and if I could change one thing about everything that's exactly what I would do lol

Our government is based on deceit, for Governors to hold on to the palliatives asked to be given to citizens during COVID-19 lockdown

That palliatives case is something I'm very to hear about, this generation of leaders are very emotionless and they only think about themselves.

Politics is the main problem we have in Nigeria, and all around the world.

Everyone wants the money and power but only few use that power to empower the masses, and these set of people don't exist in the government sector.

Your plea is heard and you are 100% right.

Have a beautiful weekend😊

Posted Using LeoFinance Beta

0
0
0.000
avatar

Here in Nigeria, politicians are above the law, no doubt about that, and until this changes the country has no where to go.

Have a nice day too my friend

0
0
0.000
avatar

Here in Nigeria, politicians are above the law, no doubt about that, and until this changes the country has no where to go.

The revolution is already in place and it will only take time before we all see the bigger picture of why crypto is the best way to go if not the only way.

Change is constant, I'm positive things will change in the future. More privatization in the country will be the start of a new era.

Posted using LeoFinance Mobile

0
0
0.000
avatar

I hope so too, we just need everyone to have a changed mentality. How long do you think it would take for Everyone to follow crypto as their means of savings away from the reach of the government

0
0
0.000
avatar

I will start researching if the degree of adoption of blockchain by countries, perhaps there is an undiscovered blockchain country?

Posted Using LeoFinance Beta

0
0
0.000
avatar

Maybe, maybe not.

Its really crazy when you give it much thought, this might be an ideal country or city in the far future, where they have almost everything there blockchained.

I would love to hear about your research but I don't think the present system is ready for the later yet.

I would move to any blockchained country if it exist lol.

Have a great day and beautiful weekend ahead.

Posted Using LeoFinance Beta

0
0
0.000
avatar
(Edited)

You are probably right, and I would also consider such a move.
Thanks,
You have a good weekend as well.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Thank you I definitely will.😊😊

0
0
0.000
avatar

I don't think anything can really be done until we move to network states. After all, so long as we maintain the currency legacy government system, I don't see it changing anytime soon.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I don't see it changing anytime soon.

I agree with you on this, it will take a lot of years for this to become a norm or to ever happen.

Its even near to impossible when you think about it from human nature, we are very centralized in nature but we never asked for crypto and someone made it his job to build something as huge as cryptocurrency.

We now are aware of its purpose ,so i'm positive we might have a city like this in the future.

Thanks for checking by, have a beautiful weekend😊👍😊

Posted Using LeoFinance Beta

0
0
0.000