Today the society is again trying to change the rules of the game of the financial world by introducing cryptocurrencies and it seems that this time state bodies around the world are excited about such decentralization.
Then the story repeats itself again with the Internet. Some people shout that cryptocurrencies «bring real freedom from a corrupt system», while the others blame digital assets for money laundering and terrorism financing.
The use of decentralization does not stop only with finance. The society has not yet realized, but decentralization is fully capable of showing the true democracy that everyone has been talking about for a long time. For example, the use of blockchain in voting, in tracking the supply of goods, for storing information and much, much more.
Those concepts are, from my perspective, really assertive. I like to remember when the Internet was introduced in our society: at first, many people used to think about that as a dark hole where hackers and untrust people used to engage, in a really abstract system, in where no law was to be found. Now, the internet has become mainstream, and I presume millions of people are unable to picture a life without it. With the internet becoming mainstream, we all have now access to a lot of knowledge that, before, was relegated to some libraries and spaces destinated to such goal. But, sadly, the common use of the internet is based on social media with all the surveillance nightmare we are living being involved.
Yes, the blockchain technology can become a really important part of a system far fairer than the one we have now. But, what concerns me is the use the society is going to give to this system. I mean: look that had happened to the internet: Facebook, Instagram, Youtube, et al, are the most used platforms by humanity, platforms, of course, at the service of centralized governments. What if the blockchain technology becomes something similar?
On the other hand, we have the bright side, the utopic one, in which the blockchain technology will be able of decentralizing the power and giving it back to the common people. However, I don`t see it coming.