this post was submitted on 08 Mar 2024
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Yes, but without them knowing. Stellar is good to exchange currencies, Circles was good as a basic income and stuff like Handshake.org could decentralize domain name systems, Holochain for a decentralized cloud, something like Filecoin to incentivize piracy... Special mention for Monero even tho it’s a dangerous weapon that allows both good actor and bad actors to be invisible.
I’ve been a bit in the bubble and I can say that most of the stuff, even when led by good principles, it just becomes a form of capitalism because cryptonomics is just capitalism with less technical steps. Stuff like DAOs could be good if the government could acknowledge them but the government could just fucking ease a way to share properties and associations skipping entirely the DAO step lol.
I could write more but sorry I don’t feel like it because here the sentiment is clear.
I’d just ask people to not assume that blockchain = proof of work or blockchain = cryptonomics. A blockchain is just one way to share a database, it can be useful. Could be useful also for fediverse actually, as an identity provider to allow people move instances without losing account but without also referring to a central authority without the need of any cryptocapitalism (basically dns, the use case I already listed with handshake.org).