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If crypto currencies ever get large enough to be a bother they can just turn off any networked machine that supports crypto. They control the entire internet at
by lovich 5y ago
If crypto currencies ever get large enough to be a bother they can just turn off any networked machine that supports crypto. They control the entire internet at the physical level. Until crypto currencies come with their own physical cables and machines, and the army needed to protect it from sabotage/alteration, then it’s going to need at least implicit permission from various governments.
This isn’t shadowrun, the digital realm isn’t one entirely separate from reality
- matheusmoreira 5y agoWell, that's the general problem with the centralized internet we enjoy today. Telecommunications service providers have always been in bed with governments. I wonder if we'll eventually move towards a decentralized mesh network. Another possible solution is to somehow get influential people to buy into these systems. That way, they won't want to stop it even if they could.
- lovich 5y ago> I wonder if we'll eventually move towards a decentralized mesh network What would they do? We still use address systems based on groups owned by the governments. I’m not even protesting that fact. I’m just amazed that a large group of people think they can have a direct dependency on someone else’s property, and pretend that they are completely independent.