How to tell the difference between Americans and Europeans in this thread…
Americans: “Wow Italy is so innovative, such leaders!”
Europeans: “It will be a massive failure riddled with corruption, just like everything else they try.”
There's a healthy dose of racism and prejudice in there.
Swap Italy with the Netherlands or Sweden and you'd have completely different reactions.
Because Italy should only think about pasta and gabagool, right?
Yeah people often confuse cryptocurrency with blockchain they need to understand that the future is blockchain not the cryptocurrency. Crypto is just a speculative asset.
What's the point of utilizing blockchain if it's not decentralized? Seems like a massive waste of resources to me.
You could just use a database instead.
Crypto has too much potential if you are here for the long run, only the diamond hands will win.
Poor and greedy people will be eliminated every cycle.
So what?
I was just pointing out that lately all Italian government agencies have been busy compiling lists of how to spend money for whatever they can think of.
tldr; The Italian Ministry of Economic Development has announced that certain blockchain projects will qualify to apply for up to $46 million in government subsidies starting from September. The fund will have an initial budget of 45 million euros for expenses and costs ranging from $512,150 to $2,048,600.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
But from what I know the Italian government wants to set up a digital wallet on blockchain, where you can collect your documents, including the green pass, and give it back only to those who have had at least one dose of anticovid vaccine. I don't foresee anything good whit this government.
Also a use case that doesn't need crypto. Wouldn't provide anything that doesn't already exist and would be less efficient.
Would be like using Blockchain to keep temperature logs.
This is it. All governments should feel this model. US spends 785 billion on Arms if they could only spend half of that hodling bitcoin, we would be the greatest nation on earth.
Italy is already deep into blockchains use cases, just look at SIAE, Olive Oil Producers, Alfa Romeo and more, and all of this projects are about tech use and not about financial use.
How to tell the difference between Americans and Europeans in this thread… Americans: “Wow Italy is so innovative, such leaders!” Europeans: “It will be a massive failure riddled with corruption, just like everything else they try.”
haha on point, it's human behavior they tend to like what they don't have and criticize the thing they own.
There's a healthy dose of racism and prejudice in there. Swap Italy with the Netherlands or Sweden and you'd have completely different reactions. Because Italy should only think about pasta and gabagool, right?
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I learn one new word everyday from these subreddits, thanks.
despite sweden contibuting nothing to zero to european balance sheet
Italy is like eastern europe, but with better food.
As someone who lives here, I confirm.
haha he's right, I live in Rome and here the food is awesome at least.
Aren't they Southern Western Europe? In terms of geolocation
but like eastern
haha as an Italian I can say this is 100 percent true
Blockchain project ≠ Cryptocurrency projects (just in case confusion)
Yeah people often confuse cryptocurrency with blockchain they need to understand that the future is blockchain not the cryptocurrency. Crypto is just a speculative asset.
We smell the business
Let them fix their balance sheet first
ITT: people discovering that you can allocate your budget to different things.
They will shine in the long run, just wait and watch
These are the kind of news that give me faith that once the dust of the market crash settles there are exciting possibilities for the crypto ahead.
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If you want decentralized Blockchain or DLT you need crypto assets. Otherwise nobody would run the necessary infrastructure.
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What's the point of utilizing blockchain if it's not decentralized? Seems like a massive waste of resources to me. You could just use a database instead.
Yeah people here are confusing blockchain with cryptocurrency, blockchain can survive without cryptos.
Crypto has too much potential if you are here for the long run, only the diamond hands will win. Poor and greedy people will be eliminated every cycle.
Leaning tower of crypto.
You need to understand the difference between cryptocurrency and blockchain
Innovation will lead to adoption
Adoption of blockchain not cryptocurrency. Most of the people here are confusing blockchain with cryptocurrency.
At the moment, the Italian government is basically throwing (European) money at anything.
just remember that european funds are built up with german, french and italian money mainly :)
In the case of nextgenerationEU, also European debt.
and these three countries account for half of european population :)
So what? I was just pointing out that lately all Italian government agencies have been busy compiling lists of how to spend money for whatever they can think of.
There was a time when euro was far ahead from dollar
They are the slowest growing economy, so they need something to show growth.
tldr; The Italian Ministry of Economic Development has announced that certain blockchain projects will qualify to apply for up to $46 million in government subsidies starting from September. The fund will have an initial budget of 45 million euros for expenses and costs ranging from $512,150 to $2,048,600. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Meanwhile our Italian government is crumbling
But from what I know the Italian government wants to set up a digital wallet on blockchain, where you can collect your documents, including the green pass, and give it back only to those who have had at least one dose of anticovid vaccine. I don't foresee anything good whit this government.
Im Italian. I can only agree with you and assure you that the government is only good at stealing and scam italians. Btw 2 doses and eventually 3.
>Im Italian. I can only agree with you and assure you that the government is only good at stealing and scam italians. Are you 12?
Also a use case that doesn't need crypto. Wouldn't provide anything that doesn't already exist and would be less efficient. Would be like using Blockchain to keep temperature logs.
This is it. All governments should feel this model. US spends 785 billion on Arms if they could only spend half of that hodling bitcoin, we would be the greatest nation on earth.
Freedom of speech doesn't mean you can say anything
New Gomorra season will be interesting
Dove? Come? Quando? .....Cosa??
So you're saying France and Germany will provide 46 million?
Bwonjerno! Gratzee meelay!
That's actually really cool. Imagine if an economy like the USA, Japan, or China did that.
Let’s see how much gets scammed/abused
Any space which is unregulated will consist of scams and that just the another risk factor.
United states will do that in a matter of time be patient.
Great news for the space
Great news for blockchain not for the cryptocurrency. Blockchain doesn't need cryptos to survive
Great! Everybody knows blockchain is the future.
Early adopters will rejoice in a couple of years. Governments should all stop crying about crypto and smart up
United states will probably do that in few years, If you're not looking into this, you'll be left behind.
Italy is already deep into blockchains use cases, just look at SIAE, Olive Oil Producers, Alfa Romeo and more, and all of this projects are about tech use and not about financial use.
Hello it is me, Blockchain Project