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RE: Hanging onto Steem Power is about a lot more than wealth accumulation. It is also about the future of the steem blockchain.

in #steemit7 years ago

Great article. What do you think of the future of the whole blockchain in tax intelligence and accountancy. Both have a great ledger with rules and controls, do you see the same future for them?

Also these innovations of steemit, reminds me of the introduction of the mobile phone in the Netherlands. There was great resistance against it. https://steemit.com/video/@tomgriffioen/what-a-day-on-steemit-this-reminds-me-of-1999-the-mobile-phone-funny-video here there is a funny video of the reactions of people in 1999. a must see!

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I am neither an accountant or tax expert. I would suspect the blockchain could potentially make it very easy for them to monitor tax, if they can identify who you actually are.

True. Also they can have event logs (audit trials) that are documented in a blockchain, this will resolve a great amount of manual work, also this Will result in decrease of people that Will be needed at a finance or tax departement... this will change a lot.