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I haven’t quite developed this thought but it seems to me like Bitcoin maxis want to solve what is inherently a political problem without politics. Decentraliz
by lefrenchy 5y ago
I haven’t quite developed this thought but it seems to me like Bitcoin maxis want to solve what is inherently a political problem without politics.
Decentralization is really just direct democracy, and without actually attacking that political objective Bitcoin can’t do what it really promises? Without that it seems to me like the structures of power tend towards being able to manipulate or control the network.
I think the two can be developed in tandem, but it doesn’t seem worth it to me to give ourselves the illusion that something akin to Bitcoin can do the job on its own.
I’m also not convinced on the total decentralization, since I don’t think it’s totally achievable nor necessarily desired? But that’s a whole other discussion.
- davidgerard 5y agoWorking around people problems with tech is the plague of tech in general, so yes.
- SQueeeeeL 5y agoHey, at least we helped some random Harvard students make millions of dollars! So we solved one problem!!!