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Any decentralized information system will suffer tragedy of the commons as bad actors exploit it's usefulness (imagine the SEO garbage), or have the vacuum of p
by bduerst 8y ago
Any decentralized information system will suffer tragedy of the commons as bad actors exploit it's usefulness (imagine the SEO garbage), or have the vacuum of power filled by a few centralized players.
Before you say, "Bitcoin did it!", just look at the block size debacle or the fact that it's mostly controlled by a handful of Chinese miners.