the one thing sibel is correct on is the blockchain being the ultimate surveillance tool.. corbett has also produced a video on blockchain becoming a establishment tool of total surveillance....
it is only a matter of time before every single human being is under the blockchain and the crypto's you hold dear will be outlawed and replaced by government sanctioned blockchain currencies.
Maybe. But just maybe ...not.
It's a legit concern, but at the same time, it's a light that shines both ways. The truth has a permanent home on the block chain which can't be suppressed... this will hopefully act as a good counterbalance to the very real danger that "dissidents" will be outed by the very same blockchain. I think the benefit of blockchain will inevitably outweigh the government abuses which might arise... we'll see though?
If the blockchain is truth, and the government only want the opposite - I see it only going one way...
...truth endures, lies crumble. (hey, I' m feeling optimistic..)
truth can be managed through the censorship technique of noise. you must have seen the various special interest groups and intelligence agency's use the technique. with comments that can't be deleted you surround the comment with other easily disproven comments and inflammatory statements which renders the truthful comment lost through the noise surrounding the truthful comment.
i am correct in saying the blockchain is the ultimate tool for control...
...but has it ever stood the test of time?....I can't think of one offhand...
or the ultimate tool for decentralized , non control. There are always two sides to a coin..
"...but has it ever stood the test of time?....I can't think of one offhand..."
censorship has been tremendously effective for you can't recall a single instance.. history is a lie yah know..
"...or the ultimate tool for decentralized , non control. There are always two sides to a coin.."
if you think the current monopoly is going to roll over and play nice then you are naive. the current power structure will decimate any currency they can't control.. who is going to stop them.. they don't have any serious opposition.
I don't think that, and never said so.
Long time since I was called naive! lol
You have far more faith in your fellow man than I do.
In the past, large ledgers were powered by enormous mainframes or server farms located at a central point absorbing huge amounts of money and energy. Thanks to the blockchain, accounting services and the costs associated with large ledgers can now be distributed amongst the end users.
In a consumerist world bent on the desire to control who, when, how and what the consumer does with their financial resources, the blockchain provides the ultimate tool for control. I am convinced that crypto-currencies are just a ploy by the economic elite to get the public interested and used to the ideas behind block chain technology. I firmly believe non state run crypto-currencies will be outlawed much sooner than later in favor of state run blockchain services that will include currencies, identification and a slew of other monitoring/tracking applications we will all be forced to implement and pay for.
Considering the past several hundred years of economic control I can't imagine those who manage the financial markets and governments will want to do anything other than expand their control and the blockchain is the ultimate tool for that control.
I understand you perspective totally, both from historical precedents and todays technology.
....But there has never been a historical precedent for block chain. Ever.
If you think of conversations between royal courts and the clergy ,_ just before_ the Gutenberg press.... (as a comparison).
If governments adopt block chain, and regulate their own currency - and 'outlaw' other crypto's - but the people ignore the laws, make different crypto...make their own trades...
The government can only make laws if the people will obey them.
As soon as they don't, they become powerless..
The clergy et al coming down on the Gutenberg press and free distribution of the printed word, and the bible, didn't stop anything.....
an outlawed fiat based currency is worthless .. just say`n ..