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RE: Decentralization vs Big Brother - Technical Disintermediation is the Antidote to a Digital Panopticon

in #technology7 years ago

Spot on...

Fear is a product that intends to turn you into a package so that you can be sold in centralized corporate structures.

And the digital panopticon concept is both scary and very interesting...

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There's considerable hope though. Centralization is fatally flawed because it creates giant honey pots to be hacked. It's impossible to keep that data secure as Equifax and others have proven. Andreas Antonopoulos has an excellent video that explains why...

Of course I expect authority to make excuses as to why we should go from 2FA to 3FA, etc until the average person understands that the key is decentralizaton by distributing risk back to the source. It's considerably more difficult for a hacker to generate profit if they have to hack into 143 million devices (Trezor wallets can hold PII) than it is for a hacker to hack into one central database. Once that secret is out and understood by the public, it's game over.