Topic: Is decentralization the answer to the flaws of democracy? - page 2. (Read 418 times)
Yes, it truely is. But the question is, What is the answer to the flaws of decentralization? Regulation? Then regulation itself has some flaws. Truth is we keep seeking answers to questions that would only lead to a different question.
decentralization in finance it would be like jungle, the strong one like whales controling market,,blockchain and decentralization now change the world for revolution in financial.
It seems like the governments are all to willing to let crypto have it's day in the sun. Anyone else feel like they are springing a trap on us. If we have decentralized money and voting the power structure is getting way out of wack. Can't wait to see how this plays out.
Is decentralization the answer to the flaws of democracy?: https://cryptocoin.news/analysis/watch-out-democracy-decentralization-is-coming-for-you-19778/
Could be, if used right.
Could be, if used right.
Yeah I agree with you, decentralized system will really solve all the flaws of the democracy because everything will be transparent and free from the manipulation been witnessed with the system currently
Absolutely yes, this is because democracy has to do with representation of a group of people which often times, leaders wouldn't be able to represent the true need's, interest or will of the people,
Whereas, decentralization in the blockchain technology, the act of standing as a middle man is totally abrogated. This is because the blockchain; stipulates a decentralized ledger that deals with the inflow and outflow of transactions, devoid intermediaries.
Therefore, this is the advantage of a decentralised system over democracy.
Whereas, decentralization in the blockchain technology, the act of standing as a middle man is totally abrogated. This is because the blockchain; stipulates a decentralized ledger that deals with the inflow and outflow of transactions, devoid intermediaries.
Therefore, this is the advantage of a decentralised system over democracy.
Is decentralization the answer to the flaws of democracy?: https://cryptocoin.news/analysis/watch-out-democracy-decentralization-is-coming-for-you-19778/
Could be, if used right.
Decentralization is the answer to avoid the abuse of those with power, democracy is only an excuse, we do not live in a democratic society, you may think we do but that is false, that is why the same people get elected over and over again, bitcoin is a protection against those people that think that they can do whatever they want with the country and their citizens. Could be, if used right.
In countries where you know that voting is rigged you need decentralisation to solve it. Democracy where you can vote for anyone but risk getting your limbs cut off of you tick the wrong box is not much of a democracy. Crypto will fuel the new movement where control is taken away from the corruption officials and everything is transparent
Voting as it is today is grossly flawed. The value proposition for decentralization to fix this flaw is welcome development. This is because, the current democracy as it is being practiced, is fill with a lot of deceit and corruption, especially in the voting process which is totally free and devoid of manipulation. Decentralization will definitely be the solution as it will be difficult to change the results in all the blocks
This article brings some important points about voting in a democratic society. I like the idea of using the blockchain in voting. There are two parts to the subject of this article. Voting as it is today is indeed flawed, and something should be done to improve it. Totally agreed, and the propositions are reasonable. You could stake coins in a blockchain to sort of get more voting rights. But just combine voting with blockchain technologies and nothing more than that could make the whole process more effective and fair.
In my opinion decentralisation is good for democracy as it will give option to the peoples to express their opinions. In today's democracy it's easier to corrupt media's to do some work in some specific interested parties to divert minds of peoples by spreading wrong content and lies in the peoples. Due to which they become confused. I think DNN can solve this issue when their platform will be adopted by peoples widely.
Is decentralization the answer to the flaws of democracy?: https://cryptocoin.news/analysis/watch-out-democracy-decentralization-is-coming-for-you-19778/
Could be, if used right.
Could be, if used right.
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