Quote from: Beerwizzard on March 19, 2018, 08:55:45 AM

Quote from: SHBlizzard on March 19, 2018, 07:17:17 AM

the quotes I highlighted were just a couple things that I thought might be of interest to the crypto community...

socialistic thoughts about global wealth? not what I was thinking with that first quote. I was thinking of DLT (aka blockchain)

And yeah believe me i know how badly Europe and USA are watching everybody, digital age, big data... - again what I meant with that quote, is how do we protect (from hackers/thiefs not necessarily govts) all of the data that our homes, cars, cellphones, computers, will generate in the future?

that's a valid question whether it is existential or not is up to you, but I think it is worth discussing in a crypto forum.

So what exactly should be decentralized?
The problem of privacy can't be globaly solved by using blockchain. The data that you would be able to make more private is mostly useless while the government will never allow you to hide the other part. I remember someone from the top management of Google said that if you don't want anyone to know that you are doing sonething then you just shouldn't do it (that was the answer on the question about the question about privacy). Mainstream have no respect to your internet privacy and they will mobilize all power to reject those things.
The blockchain might be adopted in such places where it is possible to minimize the price of datastorage (like there was a project that kept medical data on blockchain) but this is not about privacy.

the electrical grid should and eventually will be decentralized. It might not even use DLT whatsoever (it could tho - POWR token), but lets assume that as the price of solar goes down, its adoptability goes up. Residential areas and Commercially zoned areas with solar panels can sell excess electricity to each other or back to the grid (i.e. the utility company). Right now utility companies have centralized power and they sell for X amount per kilowatt hour. Eventually their power sources will be a decentralized grid of smart houses/businesses that sell excess back to the Utility company or to other homes and businesses directly. ---> this sort of thing is already happening, just on a small scale

interesting read: https://www.sciencedaily.com/releases/2015/02/150204102637.htm