RE: We are still not talking about the most significant ways that blockchain will change the world

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We are still not talking about the most significant ways that blockchain will change the world

in blockchain •  7 years ago 

I agree. I think about blockchain in terms of a technical improvement. It offers a few new essential properties:

  • public confirmation
  • immutable data
  • private interaction

There are many systems you can build that are superior to existing ones. Currencies are the first. Hopefully voting systems and other governance structures will be next.

My main fear about blockchain is that it will experience the same fate as the internet. The internet used to be a wide open exchange of information. Now it is a consumer hellscape where everything revolves around tricking you into buying something. Blockchain is only a tool. Whether it is used for freedom and learning or fear and control appears to be undecided.

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