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The anti-blockchain sentiment seems severely short-sighted when news like Youtube coming up with new ways to push people off its platform are posted within thre
by MildlySerious 8y ago
The anti-blockchain sentiment seems severely short-sighted when news like Youtube coming up with new ways to push people off its platform are posted within three hours of this submission.[1]
Where do we move the endless amount of unique content to, once that previously trusted party breaks down? Be it greed, bad management, economics that just won't work out or whatever. Are we just going to watch it disappear? Is that the course of action you condone and suggest? Or are we moving to the next monopoly that will ultimately fail and disappear, hoping that time won't be the one where it's all lost?
The amount of data we generate only goes up, and just throwing a dart to pick which megacorp is responsible for not losing or abusing that data is clearly unsustainable.
In my eyes, Blockchain and other decentralized approaches are the way to move forward in terms of owning your own data, and keeping things that are worth preserving from disappearing at the whim of some third party that couldn't care less.
[1] - https://news.ycombinator.com/item?id=19227294 https://news.ycombinator.com/item?id=19227294
- billthegeek 8y agoYoutube has been operating at a loss for most of its existence. The only reason it can host high bandwidth videos is because it is part of a bigger profitable entity, Google. Can crypto projects figure out a way to build a working social platform without losing money?
- wmf 8y agoMost of that user-generated content only exists because the megacorps offered to host it for free. Decentralized platforms aren't going to be free so 90% of that stuff just can't be saved. But speaking of decentralization there are plenty of proposals like personal servers or federated co-ops that aren't blockchain related.