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> My own hope is that the large and growing global group of technocrats and related ideologies will incorporate some understanding of decentralized technologies
by junon 5y ago
> My own hope is that the large and growing global group of technocrats and related ideologies will incorporate some understanding of decentralized technologies and a general appreciation for the robustness of networks.
Everyone has an appreciation for robust networks, I don't really see how that relates. Facebook, Instagram and Whatsapp all went down for several hours the other day and almost everyone on Earth knew about it and was impacted in some way, even indirectly.
> The thing about decentralization technologies that people don't realize is that they are actually are best approach for creating global holistic systems, but in a scalable, fair, and evolvable way.
On paper. In practice, there are still ways to control such systems as we've seen with Etherium, and there are other issues that come into play - such as massive electrical requirements, and the fact that if the system were to fail catastrophically (in the case where we rely on it entirely), we're left with nothing.
> Using distributed technological solutions, it should be possible have comprehensive accounting and planning without an actual centralized point of failure and authoritarianism. For example, one or more peer-based databases aggregating global resource use data would provide powerful and relatively objective insights for planners.
So many words to say "decentralized currencies exist". This doesn't really say anything.
> I think rather than eliminating money, we need to upgrade it to be a high tech systems that integrates more information.
Ah yes, more information. Let's track everyone's purchases down to the very cent and publicly broadcast them on a ledger, force everyone to use it, and then reap the rewards when someone is able to control it.