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My understanding is that technologists believe that this authority is founded on centralization, and if this centralization were removed, the authority would di
by biophysboy 5y ago
My understanding is that technologists believe that this authority is founded on centralization, and if this centralization were removed, the authority would disappear. I, and likely you as well, don't agree with this at all.
- rglullis 5y agoNo. Even with decentralization, we still need to have institutions, authority roles and hierarchical coordination. What changes with crypto is that it gives people the chance to choose (a) who they affiliate with (b) on what terms and (c) allows unilateral disassociation at any time. Think of it this way: imagine if getting citizenship to any country in the world was something that involved no bureaucracy and could be as cheap as getting a cellphone sim card. Save from mass incarceration, there is nothing that authoritarian governments could do to stop people from participating in other economies. People would suddenly be able to participate in a "global market of governance models" without even necessarily having to relocate physically. Authoritarian governments will of course try to stop this, but my bet is they will lose all type of support when the technology is accessible to the middle-class and they get to compare their relative status with the whole world, not just the local society. This would lead (I hope) to the realization that governments are only necessary when they serve the people and that will be the most important piece to fix the current broken lack of "checks and balances". We've got a glimpse of what could happen because of the pandemic and the millions of people who realized that they could do their job from anywhere in the world, and how lots of countries responded by offering "remote work" and "digital nomad" visas. Now imagine if more countries acting like Estonia and start offering "e-residency" programs. The countries would start competing among themselves to see who can attract the most people / most productive people. It's the possibility of self-sovereignty that is important, not the actual realization.
- biophysboy 5y agoAuthoritarian governments do suck and I would love for them to not exist. But they coexist with oligarchs, who will only be further advantaged by unregulated markets. The life of a tenant farmer in the Phillippines does not only suck because of Duterte; it also sucks because the wealthy family they work for is comfortable with inefficient plantation-based farming. Now, its certainly possible that crypto could give people more access to the world market, and thereby improve their situation. Rural communities in Bangladesh now have YouTube channels showing the amazing talent they have for cooking. Its a weird world. But there's a dark side to global exposure. Some Malaysians got rich from their global stock market in the 90's without having to relocate, but it didn't end well because the investment was in speculative consumer goods like real estate. Crypto doesn't have to end this way - it could enable real invention that would not be possible with rigid, local fiat currencies. But right now, crypto feels like a casino pizza party, and I'm increasingly worried.
- rglullis 5y agoSorry, but you interjected a lot of assumptions, biases and opinions and are passing them as fact. > oligarchs, who will only be further advantaged by unregulated markets. No one is saying about "unregulated markets". The idea is about having regulations being localized and based on the principles of much smaller communities. Take the principles from Localism applied to "virtual city-states", if you will. > wealthy family (...) is comfortable with inefficient plantation-based farming. Because they have a monopsony on the labor. On a world where you can decouple "where you live" from "where you work", this goes right out of the window. And it goes both ways: it can be either because the locals leave the place because they can find better opportunities, but also because people from other, wealthier places might look at these places as an opportunity for a low-cost of life and cheap labor. Go checkout /r/digitalnomad and you will see how many people are already doing or planning to do such a thing. For a more cynical person, this means "gentrification". For someone looking at things at a wider-scale, it means that people could eventually be able to do something that was only possible for the elites controlling multinational corporations.
- UncleMeat 5y ago> What changes with crypto is that it gives people the chance to choose (a) who they affiliate with (b) on what terms and (c) allows unilateral disassociation at any time. In what way? Imagine NFTs take over as the mechanism by which we join and leave organizations. "Have you ever been a member of the communist party" is now a machine checkable property. Any organization can deny access to any person who has any affiliation (now or ever in the past) that the organization doesn't like.
- rglullis 5y agoAny organization can deny access to a public key associated with a person. The person is still completely free to create another identity and participate.
- UncleMeat 5y agoIdentity centralization is inevitable. I do not believe that if the proposed future of DAOs mediated by NFTs comes to pass that it will be feasible to actually possess two public keys that both engage in various systems of any meaningful complexity and cannot be recognized as belonging to the same person.
- rglullis 5y agoI hope you realize that your argument is based on the impossibility of proving a negative.
- UncleMeat 5y agoHuh? Of course nobody can prove what the future of blockchains will be. I don't think it is unreasonable to make predictions, though.
- rglullis 5y agoI mean your affirmation re: "centralization of identity". You can not prove that people identities can/will be easily correlated. If there are people handling multiple avatars successfully, you will see them as two separate entities!
- the_other 5y ago> My understanding is that technologists believe that this authority is founded on centralization, and if this centralization were removed, the authority would disappear. I, and likely you as well, don't agree with this at all. I'm pretty sure the authority (or power) spawns the centralisation, rather than the other way around.