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Who Should Control Money: States or Algorithms? by faiz1971

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· @faiz1971 ·
$9.66
Who Should Control Money: States or Algorithms?
Money means power; it also symbolizes trust and control. We have seen for a long time that nations and states set interest rates, issue currencies, and run economies using central banks, but now the question comes to mind: Will managing money work be taken over by algorithms? I am raising this question because decentralized finance and crypto are getting lots of exposure, and because of these things, people are getting direct benefits, removing the middleman.       


![faiz 1971 thumbnail photopea - 2025-08-07T233051.990.png](https://files.peakd.com/file/peakd-hive/faiz1971/23ydPCuCtLwTvE67iYjQUKPpSQp9VhSJZnzeGyb3hUfyMKzXzzbagirUsjLhNwYpY4377.png)


Government And Central banks are doing their job as a middleman in the financial world They are also managing inflation and contributing to economic growth by using monetary policy as a tool. Also, they can respond to a crisis, but when it comes to cryptocurrency. Cryptocurrency is better suited to manage the crisis because Bitcoin was born after the 2008 financial crisis.

However, in this system, there is are lot of corruption, Political manipulation, and many more Things, and this happens because of the centralization. And you see the example of Venezuela and Zimbabwe because they're the victim of this particular scam. Now let's come to the cryptocurrency because they the main subject of this particular article. Cryptocurrencies like Bitcoin, Hive, Ethereum, and Leo are run by code, and they are decentralised. So they are not controlled by humans. Let's talk about the hive first, so the hive is a community-driven Cryptocurrency And a platform. So community is the owner of such cryptocurrencies. So there is no question of Political agenda or middleman Problems that cause. You can see the popularity

You can see the popularity of cryptocurrency because institutions and even governments are buying cryptocurrency. This has not happened in one day. Since Cryptocurrency in blockchain has launched, There been constantly moving ahead and community-driven in the industry, and it Catch many Institutions. Some level of influence is possible in cryptocurrency, But Complete control is not possible

There can be a middle path that can join the traditional financial system with cryptocurrency, so that it can be better for many. But as you can see, cryptos are decentralisation and I bet you that governments don't like decentralization. Some central bank digital currencies already tested globally, also providing transparency using blockchain technology And this is called the middle way for the solution Also there is some countries like China creating their own digital coin on blockchain technology But the problem is these digital currencies are not Decentralised And this is not going Help the people So I don't think that this is the middle path To solve all the problems That is why Cryptocurrency Like Bitcoin, Ethereum and others are important.

So now This is my opinion I want to know your opinions that who should control money Algorithms or states Must share your view in the comment section And also I need your support so just share this article and this is the great support for me I appreciate good comments so do not forget it Now I'm winding up this blog Take care.
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vote details (448)
@davideownzall ·
Algorithms should control money, that way there won't be anymore the manipulation we see now or an other example, your money getting frozen! 
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@zuliquijada22 ·
Intermediaries must be eliminated and that is why algorithms are gaining more ground every day in terms of the economy.
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