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With pegging, its theoretically possible for a healthy market to sustain thousands of different coins, each one being healthy.
And so a coin only needs to be popular since a user of a coin would only need to concern himself with wether or not its popular enough to resell it at the fair market value (which is of course pegged).
Artificial price growth isn't even a bad thing with a rolling peg. If anything its good. A saavy investor would look at the project, its growth potential and popularity before investing in a coin that artificially grows its price.
The one thing that is absolutely painfully obvious is, the worlds corruption comes not from the technology we have access to, but the hearts of men which cannot be changed. Thus the only true "weapon of mass destruction" in this world is propaganda, capable of shaping beliefs. If anyone finds a way to decentralize the media, that would be the best technology on earth. But how to prevent the voice of propaganda, false news, fake coins, fake devs from infiltrating anything?
Dare I say fake math and fake science?! Do people even question what they learn in school? Why is material automatically accepted just because someone in a position of scientific authority deems the material to be honest and true?
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And who knows, perhaps people will get tired of being lied to and finally use the tech. A man can dream.
Now get back to work Zimbeck!! This thing won't code itself.
Great post! I totally agree despite having a bit more fatalistic view of technology itself... I do find (as someone who has spent their entire life working in and managing corporate IT/IS environments) that there are aspects of technology which is in and of itself deleterious on our health and welfare - but whether these downsides are greater or lesser than those associated with life in the 18th or 19th century is definitely up for debate. I wholeheartedly agree as far as the propaganda engine and the oligarchical conglomeration of power, resources, and information.
It's an interesting and somewhat paradoxical cycle that man is constantly involved in: free will -> inspiration -> ambition -> corruption/greed -> domination -> rebellion -> conflict -> free will. The biggest issue is finding a cause/direction which fuels ambition but mitigates tendencies toward corruption and domination. These technologies may indeed be the first steps in providing a solution (at least as it pertains to commerce and resource allocation). Perhaps in time a similar technology will provide a decentralized media solution - we have a similar model in twitter/YouTube/Facebook/etc. combined with the mass adoption of phones capable of documenting events at any time from multiple perspectives. Unfortunately in it's current incarnation they are all little more than a tool for the ambition and greed of a few to exert a similar type of control and domination over the masses while presenting the facade of independence and free will.
Keep up the good work and the rest will happen eventually - either that or we're heading for a massive 'reset' of everything and the survivors will have to pick up the fight! Hopefully not, but maybe so.
Cheers.