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RE: Get with the Program, Got Bitcoin and Crypto Currency?

in #bitcoin7 years ago

We certainly must understand and consider all of this. The truth is very often bitter. It's wonderful that so many of the innovators are liberty-minded and would like to wrest centralized control away from the few to empower the many. The Internet itself started out very free and was deftly corralled and subverted.

And when you think about it, the Satoshi Nakamoto story is really very suspicious. But then so is walking on the Moon and even the nuclear weapons threats. What is real and what is a mass illusion?

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"A lie told often enough becomes the truth", I like to question everything myself and as you said the story of Satoshi is so Suspicious that I had to question this whole blockchain technology and the way it works and keeps records of everything, I started to imagine the future of Blockchain in various fields and I personally think this is made for tracking everything we do from social media, Medical records, movies watched, web browsing, gambling habits, Education Records, even the food we eat. I could be wrong but only time will tell.

So different factions are doing the same thing, including practical idealists. Everyone knows we need our own governance, just as you choose the type of law that you want; companies, organizations, communities are going to have to guarantee proper control of the information you want. It forms its own jurisdiction. We are always in many districts at the same time. Will people not compete to provide the best jurisdiction? Trust must grow, careless division end.

Just take a look at this post, for example, a whale can come and upvote any comment they want and downvote or flag anything else they don't like and this place suddenly becomes more centralized than any social media out there.
Centralization is about the power in the hand of the few, and this is still the case in what we like to call decentralized blockchain.

True but responsibility comes with power. All those actions invite reactions. Competition is always keen to unseat those who are taking advantage. However each organization will try to steer the enterprise in the best way according to... what? ...the plan at hand? Why not reward long-term posts, why do they stop earning?

A true decentralization will be showing at least the first page the posts that get the most upvotes, Reads or comments, not the ones that get most of the money! since that is the easiest way to centralization.

Well competition in the creation and supply of money is essential. Money monopolies are the cause of much havoc. On any playing field it (the unit of value) becomes a game like any other. Upvotes without monetary value, was that more interesting, more fun? All different tokens have value or not; there are many tokens to represent all kinds of things. If people want it, it will be built.