> How is that going to work then? Every single company holding your data in a central place is mining it today and selling the information to advertisers. It d

> How is that going to work then? Every single company holding your data in a central place is mining it today and selling the information to advertisers. It doesn't matter how it works, the fact of the matter is that while logistically third parties are typical in today's environment, they aren't implied by centralization. Does Amazon's s3 sell your data to third parties? No. It's still centralized though! > Since you're not going to add a government (or an ad company) to your friend list, they won't have your data. Except when people use things like hashbase.io because they can't afford to run the server program 24/7 themselves. Then the hashbase.io analogous service sells your data to a third party, and congratulations you've got a system that has all of the lose of distributed systems, with all of the lose of centralized systems.