Decentralizing technologies have always been veritable Pandora's Boxes that once let out can never be put back in. The printing press, the telegraph, radio, telephone, the fax machine, the internet itself are some of them, blockchain is one of the newest. At every attempt to limit them, centralized powers ultimately are limited, and people gain more freedom of thought. Even if Bitcoin itself doesn't survive something in that spirit will become the new normal. I'm almost certain of that.
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I am as well, but will it be a centralized blockchain or a decentralized one? That is the big question mark in my mind.
I agree. Being decentralized and distributed is the key. You cannot destroy every copy. You cannot undo a transaction or hide it. It is a world of NO SECRETS, intentionally. It is actually more difficult to be criminal with it. The IRS, and everyone else, can watch the OPEN transactions fly by and work out what IP addresses involved. That is its POWER because it has hard cryptography, and cannot be faked. The central banks want to promote their own blockchain solutions (Ripple/XRP), but don't be fooled. Those solutions they can manipulate. You want a cryptocurrency that everyone can trust and cannot be manipulated.