It's not just decentralization that gives the market what it wants. Napster was peer-to-peer but they aren't still around. Instead Spotify and Apple are hiring like crazy and giving the market what it wants including social networking, curated playlists, discographies, etc. As these technologies converge innovators will always be able to benefit from the new cheap technology and offer something new. Blockchains alone won't solve this. It will just pace the way for some new product to come to market.
RE: Robots Are Coming For Your Job!!!!
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Robots Are Coming For Your Job!!!!
I don't know. The more I delve into the newer blockchain projects, the more I see things that will change the internet in ways I did not think possible. Napster failed because it was still centralized around the people 'running' Napster. But with blockchain variants coming up, there will be no central Napster-authority... open source projects mean anybody can keep working on it, and decentralized mining means there will always be some computers somewhere supporting the network, just like Bitcoin.
Have a look at Substratum (crypto) which aims to decentralize webhosting, so that it becomes impossible to see which website you visit. Great for getting around country-wide censorships like in China, but it becomes also impossible to see who is visiting, for example, a website interface to the blockchain. Hell, blockchain doesn't even need a browser.. you can access it through applications. Somebody just needs to write some code.
Not just that, but what about decentralized e-mail which becomes untraceable and undecipherable? Try hunting down software pirates if you can't follow their communication lines.
These hackers and ubernerds are really very smart and in many cases three steps ahead of regulators and governing bodies, who only just start looking at Bitcoin... while Bitcoin is, in fact, so 2014...
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I agree with most of that, but my point is that entire economies that we don't understand yet will grow out of blockchains, and not just provide an opportunity to pirate. It's not like BitTorrent (open source, decentralized) replaced Napster, well it did for a few years, but Spotify and Apple Music did because people were fine paying a small fee for music-as-a-service. (If you were in the business of charging fees for music ownership you were largely disrupted, ie record companies).
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