You are viewing a single comment's thread from:

RE: The truth behind Decentralized Exchanges and the ongoing fight against Mass Surveillance

in #cryptocurrency6 years ago

This is an interesting topic and a very important one also. It's at the core if the very essence of blockchain in the first place.

Money is restricted and controlled.

I agree, but if we take a closer look at the cryptospace it's much the same thing. The same way governments control and can influence fiat, whales can do the same to crypto. How then is decentralization going to solve the problem of influence from a few?

The situation is even more critical in 3rd world countries where we are yet to solve problems of electricity, broadband penetration and the likes that cryptocurrency depends on. How then can we get away from the grip of traditional(centralized) financing?

I'm very sure all the three letter agencies would be on the crypto issue big time. And yes governments are smart, they might just be slow. They definitely will be thinking out ways to beat the crypto community in it's own game of privacy.

In my opinion, the war against privacy and centralization is far from won.

Thanks for letting me in on this.
@crypto.piotr

Posted using Partiko Android

Sort:  

Thanks for sharing your thoughts on this particular subject @naijauser

Im glat to see that you found this topic interesting.

How then is decentralization going to solve the problem of influence from a few?

It surely won't solve that problem. But it's important to make people aware that being anonymous in this space is bullcrap and it simply doesnt exist.

I really wish to understand why so many people seemed to believe that blockchain will give us people "freedom we deserve".

When I joined cryptospace several months ago I've heard number of bloggers and youtubers talking about blockchain as if it would be our ticket to overthrowing goverments. And very few of them have seen it as a potential tool that may actually increase control over society.

I guess the best think we can to is not to get paranoid and learn to live with the fact, that there is very little privicy in current world.

In my opinion, the war against privacy and centralization is far from won.

We're on the same page here.

Thank you for your feedback buddy.

Yours
Piotr