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I think the cream here is if the underlying network is decentralized and I disagree with my centralized provider, then I have the power to change providers. It
by ghthor 9y ago
I think the cream here is if the underlying network is decentralized and I disagree with my centralized provider, then I have the power to change providers. Its comparing email to facebook, if my email provider does something I disagree with I'm free t take my data to a another provider without losing all my connections.
The same for open currencies. The promise of open currencies with decentralized exchanges is I can now hold my value in a currency I trust a long a there is a path of exchange between my value and the value of the party I'm paying for or recieving from. And now its my decision which currency I hold and I'm free to change.
- falsprofet 9y agoyeah, and if you don't like the law [1], you can leave the country, except that there's no where to go. People are basically telling each other to kill themselves. It's really sad. Oh what's that, you can just try to change the law? What if laws concerning access to law making are concerned, for example? Right back to begging "your local congress man", which is a joke in my opinion, because there's no accountability. That's not just an analogy, there might be laws concerning your provider. For some, there is just one provider available and the law might enable its monopolistic position.