Blockchain technology is more than a decentralized database. The world could be improved or destroyed by it. If the powers that be get's control of it, the world may be doomed. I hate to sound grim, but it's the truth. With our barbarian human mindset the first application for new technology is always military.
HOW THE WORLD COULD END
Let's talk about how the word could be destroyed. Remember SkyNet in Terminator? Same scenario played out in the new Halo game on Xbox One, and The Matrix. Imagine robots with artificial intelligence who are self-learning and self-generating run off of a decentralized application. What if this Artificial Intelligence decides humans are no longer necessary?
How about smart dust , the new miniaturized computer robots running off of a decentralized computer that could sense sound and produce video from everywhere at any time... running off of a decentralized application. Many ways this could go wrong.
HOW COULD THE WORLD BE IMPROVED
By establishing accurate consensus and removing bias from systems that run the world, we could improve the world
By replacing systems and governments with non-corruptable and non-biased systems, we could eliminate bought and paid for politicians and create a world that works for all people instead of just a select few. Politicians are just inefficient and we could save money in taxes. Just like how labor jobs are being replace by AI, politicians could be replaced by algorithms.
What do you think? Comments?
