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RE: What the death of net neutrality means for blockchain technology and why it will backfire against authority

in #bitcoin7 years ago

Great post, It would be awesome if you can write more about the ways that net neutrality ban will backfire. Thanks @zoidsoft.

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Mostly because centralization of power and authority into a digital panopticon creates a situation where hackers and everyone else can stare back. Equifax magnitude data breaches aren't sustainable over the long term and on top of that, they're draining equity from their mafia driven national fiat into fixed SOV crypto's. Being able to put your "full faith and credit" outside of the system through crypto such as bitcoin will be the driver that weakens central authority. When they have to pay their cops in the illegal currency just to keep them on the job, Greshams law will have run its course.