The Pros And Cons Of Industrial Revolution

In 1837, Adolphe Blanqui used the term ‘’industrial revolution’’ to describe the first technical progresses in England that were eventually going to lead to a major change in humanity’s destiny (Joseph M. Palmisano). 180 years later, the world has changed a great way; developed societies are flooded with advancements of all kinds that are supposed to help humanity and make human’s life easier. The only thing is that those technological inventions often brings some disagreements during their implantation but those are avoidable with some preparations. In 2017, is it morally acceptable to replace all paper money by electronic currencies like Bitcoins? The main preparative that could help the introduction of this technology in our society have

According to what have been seen in the past, those people would be forgotten, once again. On the short time, we cannot count on the government help, if there is one, to fully alleviate the fiscal burden created by electronic currencies. Economics issues will always go before social one’s with a government composed of people belonging to the rich part of our society. However, this is another clash of opinions that will not be discussed in this essay.The gap between rich and poor is already wide and such inequalities do not have their place in the current modern society. As a matter of fact, it is implied that rich would get wealthier and poor would get deprived even more; another capitalist victory. Without taking required measures, governments would shoot themselves in the

In fact, they are protected by programs that can make their IP address invisible. This is a very attractive way for criminals to gain money in total anonymity. All money transactions would be on the internet and thus anonymous. (Harrington) Hackers can go everywhere they want in this virtual world, there is no limits. This is the worldwide web ladies and gentlemen! People are regularly getting viruses and intrusions in their computer or bank account; big companies have complete department working to avoid these types of cyberattacks. These would certainly increase because the jackpot for dishonest people would be bigger than ever. Would you be willing to make your money available for everyone? Jamie Dimon, JP Morgans’ CEO, describes electronic currencies like bitcoin as a fraud (Bloomberg). He considers that problems with this type of money are closer than we could