RE: Private Blockchains

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Private Blockchains

in bitcoin •  6 years ago 

Yes, I agree, corporations are going to pave the way for the true crypto revolution, which is decentralized. It's like the early days of the internet all over again, when we had companies like AOL or Compuserve trying to make their own internet and fail. Still, they pushed millions of people into taking their first steps online.

The crypto revolution is inevitable. The only question remains is whether it will be a 'small' revolution like the iPod was, or whether it will be more along the lines of 'Seperation of Church and State'-type of revolution.

To be honest, I'm not sure which scenario I would prefer. The latter brings glorious riches, but might also thrust the world into some type of dystopian corporate future which we have been warned about by bad sci-fi movies for years!

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Great analogy!

Um... look around. This IS a dystopian corporate future! Present. Whatever. The fact that major players choose to hide in the background doesn't mean that they aren't calling the shots.

I'll take the full on revolution option please. With fries and an extra large Coke.

I dunno! To be honest an authoritarian corporate regime seems scarier to me than an authoritarian state.

Atleast with our current governments (in western europe anyway) we have some kind of sense that they are providing us with basic securities. I'm not sure if corporations are even remotely as employee oriented as states are people oriented.

Take away the power from the state, it creates a vacuum. Who will fill it? Facebook? Google? Banking Corp X?
Seems to me like there may be some sense in having a state. They're not all bad. They do offer protection from perhaps even more evil things. I guess you could say the same about the italian mafia, though. In the end I guess it's a matter of which mafia you'd prefer to serve.

Who do you think funds your politicians? Who do you think owns your national debt? Who do you think makes decisions about your currency supply? Government?

I get your point, but I still think the state functions as a kind of restraint from an otherwise all-out corporate takeover. Even if our democracy is lacking today, it would be completely vanished in a corporate world.
It would be inevitable that megacorps like Google of Facebook or others would simply buy up everybody else. Much like is happening today already, but tenfold worse.
Without states to keep the peace, what's keeping corporations from even accumulating private armies and waging war? A corporation could easily take over a country whose state is deprived of it's power to defend itself.

And when you get down to it.... I mean.. just ask yourself, would you rather fight and die for your country, or for your employer?

Neither! I left the military for a reason!