Post
Topic
Board Economics
Re: Economic Totalitarianism
by
generalizethis
on 12/06/2015, 04:38:19 UTC
Now there is an argument that network systems are breaking the shackles of hierarchy systems, but lets be very honest with this argument in that the best example we have of a network system, the internet, is a hodgepodge of actual freedom, freedom for appearance sake, sneaky-westernized totalitarianism, and in-your-face-what-are-gonna-do-about-it totalitarianism.

We must fix the internet so as to maintain the fundamental End-to-end principle. The designers forgot to build Tor into it when they designed it. And Tor has serious flaws; most importantly it can be Sybil attacked.

Now replace internet with decentralized currency, and TOR with Monero and you have the current state of affairs in cryptocurrency land--you could exchange p2p for zerocash and you'd have the future option in there as well. As Twain said, "History doesn't repeat itself, but it does rhyme."

You've got the general theme correct, but you apparently may not be aware of the technical limitations of Monero, Tor, and Zerocash that make them unsuitable. For one, none of them scale.

ATM you need to add Bitcoin to that list.

AFAIK the db has greatly reduced the scaling problem for monero as far as wallets go, and the dynamic block limit allows adaptable scaling, and later, sidechains and daughterchains should move excess data from the mainchain.

Zerocash has a vapor-ware problem to deal with before it reaches a scaleability problem--that's why i put into the future as the p2p equivalent. But maybe quantum money gets here first....

Who knows what TOR could have done if, as you suggested, the designers had built it into the internet.