RE: People Are People: A Logical Roast of Naive Blockchain Governance
nice article and it does make a lot of sense. people in general are carried away by the enormous potential of blockchain but the reality is that people will go on being people. Sometimes it takes a lifetime to understand that coveting money is a hazardous exercise.
in the ancient systems, bartering was the name of the game since there was no money to be exchanged. it worked because only basic needs were addressed.
blockchains are also centralized in terms of people who approve/disapprove of activity inside it. Naturally that power comes from money because there is no other mechanism. It also means that even a blockchain society favors the rich.
i feel that we must laud blockchain because it atleast makes a sincere effort to try and create a balance. the other corrupt systems don't even bother and they have stopped trying.
do we get marks for efforts? i dont know the answer to that. while blockchains are around, there is hope that the basic good of people will have a chance to set things right.
we must all step back from money and treat blockchains as a great moral compass. would that make blockchain itself irrelevant because it is built on money distribution? that answer is, "i dont know but i hope for the best"