polynya
@polynya
Blockchains are just another centralizing tool, with the default outcome significantly worse than traditional incumbents - removing all the democratic checks and balances, replacing them with grotesque plutocratic control It takes significant will and effort for a blockchain to realise its decentralizing potential
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Acid
@0xacid
Show me one democracy where plutocracy hasn't taken over. What you describe is not a blockchain specific problem, it's an everything problem.
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