#Crypocrisy #3
Your "decentralized money of the future" runs on networks (Internet, wireless, cellular, etc.) totally controlled by centralized authorities.
https://www.youtube.com/watch?v=tspGVbmMmVA&t=2557s
#bitcoin📷 #truths #blockchain #crypto #cryptocurrency #fintech #Wisdom #cryptoReality
No, the Internet is not "totally controlled by centralized authorities", shown if nowhere else by your listing of decentralized pathways and pluralization of authorities.
If it was centralized then there would be one central control, not the multiple as indicated by your own phrasing.
@volkris Let me give you an example.. the hostname and IP address system is controled by central authorities, namely ICANN and ARIN.
Let me give you another example, all wireless communication in a particular region is controlled by a centralized authority. In the United States, this is the FCC, the Federal Communications Commission.
I can provide even more examples. Behind every "de-centralized" crypto project are a bunch of central authorities which make the infrastructure work.
But that's not quite factually correct.
*A* hostname and *an* IP address system are controlled by those organizations, but we're welcome to use different systems, to point our computers at different DNS resolvers for example.
So it sounds like you're arguing that things are centralized so long one only considers specific, central authorities.
Like, all computers are manufactured by one, single, central company, so long as a person only considers IBM.
Meanwhile, as you said we have a variety of distributed alternatives for the network infrastructure ranging from wireless (WiFi) through cellular.
@volkris Furthermore, there's a reason why you can't find any truly de-centralized/libertarian societies on the planet. Cultures naturally evolve to become centralized or else they typically become extinct. There's power and protection in community. This is the way it is.
Crypto, like theoretical libertarian utopias, cannot exist without being a parasite on the infrastructure built by central/socialist authorities. That's what's "factually correct."
I think it's funny that you are posting the statement that culture is naturally evolve to become centralized on a platform that is a culture that evolved to become decentralized.
Of course the internet can exist without central authorities!
You are welcome to run your own internet any day of the week. Set one up in your own home if you'd like.
The entire point of the engineering behind the internet is about enabling such things.
@volkris Just saying something doesn't make it so.
@volkris Well, that's not 100% accurate. The Internet itself, as well as Mastodon, can't exist without certain central authorities. So any notion of "decentralization" is just one layer of several we all use every day, that are dependent upon other highly-centralized layers.
The reality is what works best is a combination of centralization + decentralization - which basically is what good central authorities try to moderate to avoid monopolistic and predatory behavior.