Re:Bitcoin, Ethereum, Blockchain, Tokens, ICOs: Why Should A...
by mtgx on Wednesday July 05, 2017 @05:19PM
(#14706199)
One of the main characteristics of decentralization, and one that must not be underestimated, is censorship-resistance.
How much worse, as in less creative and less free, would the internet be if not just China, but every government knew in the 80's or 90's what they know now about the internet?
That decentralization has let a "trillion flowers/websites bloom", and from that extreme experimentation (think of it like life's evolution over billions of years, but condensed in two decades) a lot of great things have resulted, and many more things will come.
How much worse, as in less creative and less free, would the internet be if not just China, but every government knew in the 80's or 90's what they know now about the internet?
That decentralization has let a "trillion flowers/websites bloom", and from that extreme experimentation (think of it like life's evolution over billions of years, but condensed in two decades) a lot of great things have resulted, and many more things will come.