Who actually believes Blockchain is here to decentralize society? Anyone see it differently? Let's get a thread going on this.
Blockchain is going to change the world, and connect everybody, but the underlying protocols (i.e. Bitcoin, Ethereum, etc) are the utilities that will foster a Free society.
Bitcoin uses the blockchain to decentralize the monetary system. With Bitcoin, the world becomes the Decentral Bank. Bitcoin also allows data payloads to be sent in txs; hello, Memo :)
Blockchain doesn't really "decentralize society". All it does it take a central database and spread it over a network with a set of rules to which all participants agree - consensus
Does anyone see that it's the best system for centralized entities?
blockchain is the best database system for decentralized networks of participants. Centralized databases are best for centralized entities (think small/med business w/ database server)
