Blockchain in general will bring the power back to the people. It can be used for 100% secure, open voting. It can be used for 100% open source real time tracking of government spending and people who receive government benefits. And so much more. There is a reason Bitcoin and blockchain are being demonized.
However, Bitcoin is being exploited by wallstreet at the moment. It is 100% secure and decentralized, but not enough people own it so it's easy for whales to enter the market and manipulate. This will all change as Bitcoin and other blockchain coins (including those not developed yet) become widely adopted. Without mass adoption, it's easy for any entity with money to become a whale.
Blockchain in general will bring the power back to the people. It can be used for 100% secure, open voting. It can be used for 100% open source real time tracking of government spending and people who receive government benefits. And so much more. There is a reason Bitcoin and blockchain are being demonized.
However, Bitcoin is being exploited by wallstreet at the moment. It is 100% secure and decentralized, but not enough people own it so it's easy for whales to enter the market and manipulate. This will all change as Bitcoin and other blockchain coins (including those not developed yet) become widely adopted. Without mass adoption, it's easy for any entity with money to become a whale.