The problem with a decentralized service is that the instruction manual is also decentralized. This is painful to read and probably a story that repeats itself dozens of times on a daily basis: Diary of a Bitcoin Virgin.
I wouldn't worry too much about it. New technology cannot be instantly understood by the masses, especially in a society and culture that values irrelevant information, entertainment and mindless spectacle over useful and relevant data. When we choose to value our life and our environment above contrived artifice, then even the need for monetary systems will be gone.
I wouldn't worry too much about it. New technology cannot be instantly understood by the masses, especially in a society and culture that values irrelevant information, entertainment and mindless spectacle over useful and relevant data. When we choose to value our life and our environment above contrived artifice, then even the need for monetary systems will be gone.
ReplyDeleteBaby steps, LightRider, baby steps. The first baby step is a fair and equitable monetary system. Your Star Trek reality will have to wait until later.
ReplyDeleteBut even when replicator technology is realized we will still have to put up with those greedy Ferengi and their insatiable desire for Latinum!
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