If history has taught us anything so far is that most people want to be ruled. This happens due to the very architecture of human nature. What makes a human, human is to follow. The mass adoption won't come from people who know how to store their keys privately but from those who just want to buy and sell with a click of a button without bothering about the details.
This is good news for the short term investors since there is money to be made off the idiotic and obnoxious trolls that seem to buy always at all time high while busting our balls in social media. The bad news is that when the bubble bursts and mass adoption really settles in, centralised blockchains like Ripple or Neo will actually be more attractive for the average Joe.
I am a fan of Hobbes's Leviathan and Machiavelli's The Prince for this very reason. These books, although pessimistic about the potential of humanity's future, reflect the true human nature and where we are actually headed. When the computer was invented big companies like Microsoft and IBM focused in how they can make people learn more and be more digitally independent. They were wrong. Apple rose to the game and offered products for people who had no idea how to use and they were not interested in learning. Idiocracy at its finest, but, Apple won.
Centralised chains will allow the masses to join the cryptocurrency craze. The degenerate gamblers that like to pull handles, the ones that scratch lotteries, the sports betting crowd, all these people will make cryptocurrencies reach trillions of dollars while the smart investors will make money dumping on them. And then after these morons lose everything, they will start crying like little children who got fooled. And the government will join like a tentative parent with strict regulations. Humanity enslaves itself time after time because most of us are willingly irresponsible idiots that are ready to point fingers elsewhere.
I had a friend ask me recently: "How do we solve this problem?". I answered. We don't. The human species adapts and evolves at the expense of idiots. We need the sheep as a species in order to go on. There is nothing you can say to someone who is shilling Ripple at $4. There is nothing to explain to someone who only sees gains and has no idea how everything works. The only a sensible person can do is accept this behavior and take advantage of the idiots.
Bubble after bubble the pattern remains the same. As long as we are made of flesh and bones and our brain develops the same chemical compounds there is nothing to be done. We might be the first "decentralised dreamers "because we believe in human individuality and independence. We are the exception though, not the rule. The wide adaptation will come from people who still worship imaginary deities, never finished formal education and don't understand basic arithmetics and/or statistics. The future has more chance being centralised rather than the other way around.
NEO is not centralized like XRP. Look at the coin supply. NEO holders control 65% of the tokens and within a few more years the community will control 100%. Most of the new supply of NEO being unlocked is being paid out for new development. This is all in the whitepaper and has been the plan for long time. In NEO, the validators will be ID'd voted on by community. This is to make happy the Government regulators since they demand KYC/AML. The goal is to get the real economy on the NEO blockchain. Hence, the motto "NEO - Smart Economy".
Very good point. That’s why MLM’s like OneCoin are so successful in selling their packages and recruiting more people - they actually lead with the fact that they are centralized.
That’s why I believe that the only thing that can “save” us is a shift in consciousness. Otherwise humanity will keep going in circles. We need to upgrade to the next level. I think that’s happening but the questions is, is it happening enough.
The shift has to happen on an individual basis 1st. Hopefully if enough people do the work to shift into higher conscious thought patterns, the tide will change. But that's just it. What motivation does anyone have to think and do differently? Instant gratification and constant media bombardment telling you what to think make it difficult. My take is that very few think differently.
Funny you mentioned Onecoin....was literally approached 2 mins ago by someone trying to recruit me.....I played along and tried to outline the benefits of de-centralization. They just couldn't see. They were lost. I had compassion, I truly did...
And now both of you are probably waiting for the other party to finally “wake up!!” 😀 That’s the situation we are in.
Hahahaha....indeed!
Shift in consciousness. Yes you count as one. Maybe a few more readers and more who were awakened by moving their personal resources (differs from investing) into cryptocurrency. Yet finally many will still be caught in the mire of the status quo. They "need" to have "job". They have been indoctrinated for ten to fifteen years. No instant awakening.
Ugh...part of me hates you for writing this, but the other part knows behind a shadow of a doubt that humans work this way. I hate what you write because there is so much that exists in the field of potentiality, yet most of us will never experience it. Why? because my experience has demonstrated time and time again that everybody wants to transform into something other than their circumstances, but NOBODY wants to do the WORK to identify the patterns, shadows, secrets, and actually transcend them into behaving differently- who has the time given the fast paced lifestyle and all that is available at the finger tips?
My frame of reference for this is trading. It doesn't matter the asset class you're trading. It always ends up being the same behavior that fucks people over. By "fucks people over" I mean losing all your resources.
Everybody is in love with the thought of being your own boss and making lots of money to "buy Lambos and bang bitches" (seriously, someone actually told me that). What is lost is the thought that you come to the table with, for example, poverty or lack consciousness, addictive tendencies, deep seeded thoughts of low self worth, etc. and lifetimes of experiences that reinforce it. Trading simply amplifies subconscious beliefs and becomes a mirror for the defective and destructive self.
I always say trading is about the money but you can't make it about the money. Its not about the trade but how you manage the trade. Its about taking a risk, the right kind of risk. I call it the duality of contradiction. I ask if they can see how beliefs will color decisions they make. I mostly get blank stares.
Until we take the time to look within and do the work we will always be sheep being led to perpetual enslavement and slaughter, myself included.
Centralized “blockchains” will be hacked. They are really just databases.
Great post...
Thank for sharing information...
Please upvote my post...
The only problem with your logic is that it is based on old information.
The magnetic field has changed and human nature is following suit.
Sure, what most people want is just ease of use, however, the demand minimum security. If the centralized block chains never have any problem, then the point is moot, but if they do, it only takes one time of touching the stove to avoid that from then on.
It will be interesting to see what happens.
human nature doesn't change. It it what makes us humans.
Show me cyborgs and I will reconsider.
ferry nice in the post.
Excellent!!! Bravo!!! Once again you expose the reality with gumption and almost scientific precision! I 'll resteem this post in a while! Already followed you of course, have a nice day and more useful articles like this!
you believe or not. in today's financial processes back during ancient times because there were not as paper money
Upvote and resteem @kyriacos
really our friends should think about the future, because we have a future further.
Nice content
Rebloged
Kyriacos, I agree with your thoughts regarding the possibility of many entering the crypto space being quite likely to join "centralized chains" over decentralized ones. Perhaps I hold a slightly idealistic mentality, but I hope that even those who opt for projects like ripple over bitcoin will take time to understand what they are supporting. I know this may be unlikely, however I think there is a place for each and everyone of us in this community. Ideally, those that join this revolution even without conscious intent, will have the necessary exposure to the reality changing ideas that will pave our tomorrows and therefore be inspired to evolve. Great post, thank you for sharing:0)
Average joe will wish to transfer money from point a to point b. ripple does it pretty good so far even though the distribution is fucked.
Great post and picture also good
Agreed, it's in the human nature. Lazy people who are too bored to do their own research will always buy whatever their first cousin's brother in law recommended..
But i don't think it has to do anything with what coin they choose. Some will buy bitcoin, some XRP, some the shitcoin that ranks 666 at coinmarketcap...
A fool is always a fool and will buy late at ATH and bust our balls later!
p.s. I'm a technical analysis guy. Everybody is welcome to follow me and receive my daily updates for major coins!
Bingo !
That looks like some fun righ there.that is totally steem on the big screen!haha awesome @kryriacos
Wow. In addition human being can't ever change, once you know a character or behaviour with human that's his behaviour. If he change fit a while, it's just a pretend he will definitely go back to his behaviour
I forgot to show appreciation. THANKS FOR SHARING at least I learn one or two things
Finishing formal education makes you more likely to trust centralized chains and protocols than someone who is a dropout.
The point is to decentralise the power and bring it back to our hands for a better future.
when the computer was invented.
Microsoft didn't exist.
Yeap. I might have skipped a few years there to make a point.
gotcha...poetic license.
not a problem...all professional journalists do that.
Interesting post!
The masses will be attracted to whatever is easiest to use, popular, or integrated with whatever they're already using, whether centralized or decentralized. Anything that isn't on a decentralized blockchain will likely be hacked at some point, losing people's money and/or destroying it, scaring people away, and potentially going out of business, eventually leaving behind only decentralized systems.
I don't think the masses need to understand decentralization or blockchain, just as they don't need to understand tcp/ip or html5. You only need the people crating the systems and those using the systems to build businesses to understand what it is. Since decentralized blockchains have competitive advantages for business, and centralized systems are inherently risky and not likely to be open to just anyone, smart business will tend to go for the decentralized systems.
I think.