Post
Topic
Board Altcoin Discussion
Re: The only logical killer app for blockchain
by
disconnectme
on 05/06/2023, 05:36:26 UTC
The only logical path forward for this blockchain technology is to start using some governance protocols to secure and effectively decentralized territory in the real world. Just look at how the current world works the banks are at the top the banks run the government's and then the government's have authority over physical boundaries and have the Monopoly for physical violence.

The only thing we need to be focused on to really move crypto forward is finding ways to anchor governance protocols into the real world. This is in fact the scaling solution because once we're able to effectively decentralize territory we can then put data centers and routers in this decentralized territory and now you're scaling is only limited by compute speed processing speed

This is a good idea in theory but in practice there are several loopholes in this, firstly the Government can cease your assets if they feel you are becoming a threat to them, just look at what USA did to Russian assets and other countries they feel are unfriendly to them, these governance voting can be gamed, by the developers, investors etc, developer can decide to go rogue and take away these assets. I just feel the risk is higher than the rewards.