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RE: Introducing David Hay. Plus "Will crypto and blockchain divide humanity"?

in #cryptocurrency7 years ago

@crypto.hype Interesting point you bring up. I believe that @crypto.piotr is asking the wrong question however. The question is not whether blockchain and cryptocurrencies in and of itself will divide humanity. The question in my mind is whether we will have decentralized economic models vs the centralized ones we do today or some sort of hybrid. It's like saying will money divide the world or will AI technology divide the world. The question is more of who controls the resources, the wealth and the power? And today the answer is that only a few groups (Ex - In USA, Silicon Valley, Wall Street, Corporate America & Washington DC call the shots).

Technology can be good or bad. The question is are we going to centralize or decentralize it's availability and are we going to give more power back to the people? This is interesting because Mark Zuckerburg's Senate Testimony Hearing proved that FaceBook and other social media companies are creating large monopolies and have too much control over 2 Billion users' data. They violate our data privacy and sell it to the highest bidder. When you have a system and a business model that creates incentives like that, Facebook at the end of the day makes its money from ad revenues. It's going to play dirty with our data. This is why we need to change our economic system and change the fundamental incentives.

Regulation is a major threat @crypto.hype, I hope in the long-term, the majority of nations choose not to regulate and leave crypto/blockchain space decentralized cause then there can be a lot of benefit to the masses and the unbanked can finally be banked.

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Thank you to both of you @crypto.hype and @daddyku

I love your replies. And I love the fact that you dont necessary agree with me :)

I made my first contest ever. Would you mind checking it out and sharing your feedback? And perhaps also commenting as Im interested what is your view on discussed issue:
https://steemit.com/blockchain/@crypto.piotr/mini-contest-how-ai-supported-by-growing-blockchain-technology-can-change-the-world

I would really appreciate if you could share some of your experience with me :)

Cheers, Piotr

Hi again @daddyku

I would love to stay in touch with you a little bit closer as I value your knowledge and your input. And we could support each other on Steemit.
I wish there would be more advanced notification system developed by steemit.

Plus you're very responsive which is absolutely great and steemit community surely will benefit by having you here.

Perhaps you could send me short email to promib.pl@gmail.com

No pressure of course,

Cheers, Piotr

@crypto.piotr Thank you for the kind words! You pose a lot of valuable feedback and post alot of good questions and posts :)

I would love to stay in touch, Email is not the fastest to reach me however, the best will be to chat with me via Steemit.chat @daddyku if you wouldn't mind! Cheers :)