Experts discuss Blockchain and Democracy and the "freedom of money" at BlockShow Americas


BlockShow Americas 2018 began this morning in Las Vegas, gathering over 1,500 attendees and 80 speakers from the blockchain industry in over 50 countries around the world to discuss the most interesting topics that affect the blockchain community.

Today, the Main Stage focused on government initiatives, the impact of blockchain on major industries and the latest updates on technological and legal aspects, while the second stage provided a forum for conflicting ideas and opinions, in which companies and world experts have challenged their respective positions.

hosts industry leaders and professionals, shedding light on the disruptive nature of blockchain in the fields of AI, advertising, real estate and more. Johanna Maska, former head of the White House press, Advance for President Barack Obama, delivered a speech on the possibility of building democracy with blockchain.

Herb Stephens, co-founder and treasurer of the Democracy Earth Foundation, also spoke at the blockchain-led democracy conference. Stephens said that "corruption exists in centralized databases: we are moving from corruptible to incorruptible." Dmitrij Matskevich, CEO and co-founder of Dbrain, added:

"Democracy is about the inclusion of minorities and those who do not have access to the technology included Capacity [sic] to distribute power from majority to minority. "

Bobby Lee, member of the board of the Bitcoin Foundation and co-founder of the BTCC cryptocurrency exchange, spoke of" freedom of money ". According to Lee, financial institutions and regulators currently "have absolute control over your money". He said:

"For me the cryptic revolution concerns the freedom of money, like freedom of speech."

The famous lawyer of Bitcoin has also outlined the first four errors to avoid in cryptocurrencies; indecision in investments, not buy enough, sell after a small profit and sell after a panic accident.

The conference continued with debates on how proper regulation can foster the development of blockchain, with industry players and experts in tax, legal and accounting matters. Julian Zegelman, angel investor and founding member of TMT Blockchain Fund, said that the industry has experienced "jurisdictional agnosticism".

Discussing the challenges for the first coin offerings (ICO), Naeem Aslam, ThinkMarkets CMA and Forbes columnist, said that "price stability is the key factor for ICOs and regulations". Andrew L. Rossow, lawyer and adjunct professor of law, commented:

"Start with just being smart, make sure you're protected, do not always believe what you're seeing."

Stay tuned to Cointelegraph for more news from BlockShow Americas 2018.

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