How blockchain is to be viewed as a country

The first work on secured blockchain was described by Stuart Haber and W.Scott Stornetta in 1991. In 1992, Haber and Stornetta made it possible to store multiple documents into a single block on the blockchain.

In 2008 an unknown figure/group released the first distributed blockchain under the alias 'Satoshi nakamoto'. This blockchain became the core of what we now know as 'Bitcoin'. Bitcoin was the first product of the blockchain 'country'.

Currency

Blockchain has it's main currency to pay for the goods and service's provided by the country. This currency is Bitcoin. Bitcoin can also be swapped for other currencies on several exchanges, such as EUR/USD/JPY/KRW. It can be swapped to alot of other currencies.

Economy

Blockchain has it's own growing economy. The economy consists of people trading bitcoin for several products (Altcoins) and services. It also imports several services and goods by paying in either it's own currency or swapping it to another currency before purchasing goods internationally. Blockchain has a GDP of around 510 billion usd at the writing of this article.

Enviroment

Blockchain uses alot of electricity to produce its goods and services. To acquire its main currency, it uses almost more electricity than new zealand and hungary. It uses more than 42TwH of electricity every year for the acquisition of its main currency. The more products and services it gains, the more electricity it will use to produce those products and services. The electricity usage grows exponentially higher throughout the years. Most countries have some green energy projects, but blockchain does not use any of those yet. Some believe it could benefit the economy of blockchains products greatly.

War

Blockchain is constantly at cold war with other countries. Other countries are trying to put sanctions in place for blockchain because it has wronged the countries in an economic way. Because blockchain has better job and moneymaking opportunities than other countries, other countries are starting to lose tax money. That is why they put sanctions on blockchain.

Crime

The supposed crime rate within blockchain is really high. It is so high that other countries consider taking action against it instead of fixing the crime problems within their own community. It is true that alot of criminals from the country of blockchain are committing fraud and are scamming inhabitants of other countries by not providing the products or services they promise in exchange for money, but the governments of the respective countries should teach their people how to safely buy these products and services instead of prohibiting the purchases.

Technological advancements

The products and services that blockchain provides to the rest of the world are really advanced and can solve alot of global problems, while people realize this, they are afraid to use these products and services because they dont see the bigger picture.

Blockchain sure is an interesting country.