Viewing a response to: @taskmaster4450/sharing-is-caring-competition-is-from-the-banksters-steem-is-cooperation
@taskmaster4450 - Agnoia (ἄγνοια - ignorance) is a difficult problem to overcome. Even now in the crypto community, there are banker coins such as Ripple (and maybe Stellar) in the top 10 of market cap. Ripple has KYC and is meant to replace the Swift network of the banks allowing end to end tracking and censorship. I see many not taking the time to understand the underlying technology and simply piling on investment into a coin because it's going up. There are a few coins out there that should be avoided at all costs. I agree that centralized data structures are too fatally flawed to last, but failure of the commoner to understand what's at stake might cause the rest of us to be in for a digital panopticon for as long as a generation.
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| author | zoidsoft |
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Greats points @zoidsoft and this is where my faith comes in.... I believe in the power of blockchain as a disruptive force and have no doubt that it is beyond the bankster or government control. I agree many are just buying crypto because they are buying into the bull run. However, crypto means nothing to me pertaining to what you are referring to. What has my faith is all the innovation and development that comes as a result of open source and shared ideas. That is what the blockchain is. And the controlled, closed bankster systems cannot compete with that.
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| author | taskmaster4450 |
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