"Decentralized, Decentralized, Decentralized"....I think you get the point...but do you?
We grow up having to trust something "bigger" than us...as children its parents...transfers to teachers...older siblings...relatives...then it evolves into employers...institutions...perhaps a God of some sort....
But imagine a system where no one thing is in obvious control....where everyone is in control but no one is in control...forced to work together for the integrity of the system...an ever evolving system....true checks and balances....
Theoretically that's what block-chain offers...
Its a scary concept...its easier to "trust" a system where its obvious who is in charge...responsible...in case something goes wrong...but as I have learned...just because something is a responsible party...doesn't mean its accountable...in fact...it appears recent history shows us just the opposite..."too big to fail...too big to change...too big to care" seems to be the new norm...
I think its one of the key reasons people throughout the world have flocked to "bitcoin" and all the "altcoins" that continue to surface...it sends a message...it is something you "own" that isn't "controlled " by a system you are supposed to trust but have no faith in...it feels more "pure"...more "democratic"...
Its not without its flaws...first it does involve trust in mathematical algorithms that most of us novices accept as "trust worthy"...then for some coins it involves trust in miners validating transactions in what we believe to be a "trust worthy" system...and anything involving money will lead to scams....so for those reasons perhaps it is a leap of faith...perhaps even a bit desperate...
But...we live in a human system...can only work with those things created by humans....we need some system in place...and just as living things aren't born into adulthood... no system is "born" fully developed...things evolve...grow...change...
And if you believe that humankind is meant to be "one"...more inclusive than exclusive...a body of knowledge that needs to allow each being the chance to offer their experience and knowledge...as equals....
Perhaps...block-chain is the next evolutionary stage...
