Guess which system is more centralized, government money or decentralized cryptocurrencies? Cryptocurrencies turned out to be more centralized. One person's tweets can move not only the prices of small-cap coins, but also His Majesty's Bitcoin.
I like technologies that are rapidly developing in the blockchain space. But let's go over the disadvantages of crypto first. Cryptocurrencies are not transparent, speculative. Anyone who knows when prices will crash or skyrocket can make millions in minutes. Pull your quotes up and down. It turns out that this business is simpler and more profitable than electric vehicles. You guessed it, I'm about Elon Reeve Musk's tweets. But the trouble is not in the Mask. In 2017, John McAfee manipulated the market most actively.
Naive cypherpunks dream of making the financial system beyond the control of greedy bankers and vain politicians. But human nature cannot be corrected. We are herd animals. Cryptocurrencies and any other technologies are just a tool in the hands of people. Leaving the fire of the banking system, we find ourselves in the fire of charismatic leaders and geek-coders.
Cryptocurrencies don't make people freer just because people themselves don't want to be free. The new financial system will only reallocate funds in favor of tech geeks and celebrities. Not surprising! After all, technocracy and attention economics came.
If crypto doesn't bring more freedom, then does Bitcoin have any value at all? Some call it the currency of the future. But he is bad in this capacity. Too low transaction speed and high transaction fees. Others consider Bitcoin's role as a store of value. But here, too, there is an obvious discrepancy. Cryptocurrency volatility is the opposite pole of stability and reliability.
, . — . , . Moneygram Western Union.
? — . .
. ? , — . , . Moneygram Western Union . , , .
, . . — . . . , , . . . . . .
, , . — , . . .
The herd does not care who controls it: the state with the help of laws or a celebrity with his tweets. But who do we resist less - the police or idols?
As you know, upon reaching a certain critical mass, quantity turns into quality and the social network acquires new properties. For example, it becomes more resistant to manipulation. And even then, on top of this qualitatively new network, you can conveniently transfer value, save value in it. But what is there, now no futurist is able to imagine how exactly we will use this new social network.
Gleb Kovalenko