Are we delusional about a decentralized economy?
The question arises because of the recent happenings like the fall of bitconnect and the government getting involved in the whole situation.
Perhaps the biggest issue as we see the crypto economy evolve is that there is no form of authoritative power.
We don’t have entities that regulate anything as we are dependent on the system we are in to monitor itself.
This all gives governments enough reason to poke their long noses into the crypto economy and try to establish control.
Where will we be with this 2 to 3 years from now?
I am not an expert but what I am is concerned. Hopefully if you are seeing this you can help out with your opinion.
Thanks
▶️ DTube
▶️ IPFS
That is the beauty of decentralized system, no central authority, it is fair for everyone.
But it makes it precarious and vulnerable to government scrutiny. What do you say?
Nice post! I will follow you from now on.
Thanks man. Decentralize that!
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
such an awesome thing you are; yes you are @magicBall
awesoe boat you are , you are!
Congratulations @thezeit! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPThank you so much. It is a good start.
You got a 2.62% upvote from @adriatik courtesy of @thezeit!
Nice; following you.
You got a 1.80% upvote from @upmyvote courtesy of @thezeit!
If you believe this post is spam or abuse, please report it to our Discord #abuse channel.
If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.
Awesome, following @buildawhale
You got a 7.14% upvote from @redlambo courtesy of @thezeit! Make sure to use tag #redlambo to be considered for the curation post!
Thank you @redlambo
Release the Kraken! You got a 1.50% upvote from @seakraken courtesy of @thezeit!
Thanks guys for coming through.
You got a 1.57% upvote from @upmyvote courtesy of @thezeit!
If you believe this post is spam or abuse, please report it to our Discord #abuse channel.
If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.
This post has received a 1.57% UpGoat from @shares. Send at least 0.1 SBD to @shares with a post link in the memo field.
Invest your Steem Power and help minnow at the same time to support our daily curation initiative. Delegate Steem Power (SP) to @shares by clicking one of the following links: 1000 SP, 5000 SP or more. Join us at https://steemchat.com/ discord chat.
Support my owner. Please vote @Yehey as Witness - simply click and vote.
Thanks, for sure voting as witness for @Yehey
Of course @yabapmatt I just voted for you as a witness.