I think this is an important conversation, as governments begin to create their own cryptocurrencies to raise money, what will a crowdsourced cryptoethics look like?
This thought came to my mind after I read this article about how close Venezuela is to launching their own cryptocurrency, the 'petro'.
We all know that with the good comes the bad, and with the potential for profit comes greed. Venezuela is oil-rich, but sanctions against their country have made the country and by extension, the innocents that live there, one of the poorest in the world.
Blockchain is a technology that comes down to the individual. We make our own decisions and hold our own ethics.
Do we, as a community, just follow our own North Star, or do those of us that do not condone human rights abuses become activists in our community? Do we go on the offensive? What does a cryptocommunity activist look like in this very near future? How would one make a difference?
Let's say, for the sake of argument, Venezuela succeeds and launches their own token? And this is a technical question, would those that hold these tokens and participate in that blockchain economy have a vote? Could Venezuela's 'petro' potentially be 'hard-forked', or changed in a way that the global community could control that government's behavior in a way that might be more successful than sanctions?
I'm interested in all of your answers and theories. If you have thoughts, please share them.
We need to start having these conversations.
I personally find that there's enough different sort of crypto that while you have to check the crypto on scam and succes you could make easily the choice to not buy them. I myself would not , let's promote a new system not a copy of the old :)