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RE: How Cryptocurrencies and the Blockchain Will Change the World (And How it Changed My Life)

in #cryptocurrency7 years ago

Glad this has been pointed out.

Utopian ideals are lovely, but the reality is far from them.

I can see that this technology tends towards operating in an overtly socialistic manner. It is definitely not immune from centralization (as is currently the case with the reward pool here and the top earners draining it with spammy techniques).

Adopting a genuine free market approach and ditching the socialist elements would be a good start towards aligning this with true blue utopian ideals.


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Glad we are having similar way of thinking.
It would be great if someone big and involved in steemit regulations considers what you are suggesting

Adopting a genuine free market approach and ditching the socialist elements would be a good start towards aligning this with true blue utopian ideals.

Here is hoping.

Many thanks for engaging the discussion and sharing your opinion :)

No prob, I'm just glad to have been able to offer something valuable to the discussion. :)

I think I'll write a quick post outlining my proposed fix. It's relatively simple, but the "whales" aren't liable to like it much.

They'll be a lot of different types of systems that come out of crypto, I think -- some tending towards centralization, others towards decentralization. Both have their pros and cons, but I do believe that it will increase the amount of transparency in the process overall just because of the way the technology works. I know that some are distrustful of people working in big organizations, but a lot of them just want to do their jobs better, too.

One thing that people ought to be more aware of is that modern societies are already decentralized to some degree. The separation of federal/state/city governments and the three branches of government are good examples. Decentralization just means that you don't have to run every single decision past the president in order to keep things running. (Thank god, really.) Crypto just allows for our technology to better reflect how society already works.

I would like to see crypto give users the ability to vote on things that actually matter to them. The current state of social media is very top-down, whether techies want to admit to it or not, imo.

Very cool points.

I'd love to see crypto actually bring about positive advancements in how our current world systems operate. Only time will tell.

Yeah me too. We should be cautious with our optimism, but I do think this technology can make a lot of things better for us in the long run.