Topic: Is governance Killing Blockchain ? (Read 278 times)

Generally speaking, you can't kill what you do not control, manage, have influence on, so short answer is NO, governance can't kill a technology i.e. Blockchain without totally replacing it or/and make it's security vulnerable.

Government has not done anything regarding Blockchain yet
They have not even decided, governments are watching observing and learning slowly the benefits and dangers of Blockchain

What is killing the Blockchain??
Greediness and the whales who wants to ruin a lot of pockets for their single wish and desires
Let’s learn and be smart

Always dyor

Very interesting article but to be honest people holding bags of this and that will never see a MOON or a LAMBO, without some regulation and safety for bigger investors to come into this sphere.

The government will not intervene in promising blockchain projects. The government will crack down on the use of blockchains for fraudulent projects, with the aim of facilitating the healthy development of blockchains.

blockchain is a great technology, so there is no reason for the governance to kill it my friend
but, i believe if governance soon or later will adopt blockchain 

Seems people do not realize the difference anymore in crypto. We always talk about crypto and the idealism, but honestly I find people know very little. I even still have a few people think that mining crypto is actually awarded with physical coins! When they cannot even understand the basic architecture how do we educate about governance? Worse, people prefer governance and centralized politics!


Second that. Even if you did write it, you should at least provide the original link, gets more traffic and lets people know you are not a plagirizer,,, which can get you banned in forum!

The promise of crypto was freedom, not more politics.
Yet another tale of drama was revealed in the blockchain world some weeks ago, this time for Sia. This is following endless infighting over the years amongst camps trying to take control the future of money — from Bitcoin debates with Roger Ver, to hardforks in Ethereum, and flat out scams in ICOs.

This was not the future we were promised. Remember the days when we pontificated about how crypto would eliminate petty human things, like pride, power, and politics? That it would make the world a better place, not just more of the same? Yet now, crypto drama is often nastier.

So what happened?

Greed. People are just trying to make power grabs as the financial coup occurs, revolting from some tyrants, in attempts to become the next tyrants. This will not make the world better.
We need to return to our roots, which is that the future of money is decentralization — money not controlled by any one, group, or whole. Instead, money that is controlled by nobody, yet everybody at the same time.

How do you do this?
 
Governments are built on economic philosophies. Therefore, the most important piece is for a “system designer” to create an algorithm that they set in stone as the economic model of the cryptocurrency.

You can think of this ? That is back to politics.

1.   Second, because there is no land that citizens occupy in the crypto world, secession is purely voluntary and can’t spark resource wars — unless people still care about those digitally scarce resources, in which case, the economics of that system are still winning.

Okay, but really, what if we discover a better system?

Then great! A better system must always absorb the previous system, like Einsteinian physics and Newtonian physics. In this case, if your new system is actually better, then it needs to also provide an upgrade path for people to migrate forward.
And let us be clear here, this means if you are forking a system, then all those people get to keep their coins. No “haha suckers you’re too late to the party” attitudes. You ought not use it to give yourself an unfair advantage.

If a group of people had power in the previous version, and if someone simply doesn’t like that, then forking them out of existence is going to be win-lose. Having such a win-lose system will necessarily lose out to any game designer who can create win+win systems. In fact, additive-only mechanics are the inevitable and only long term sustainable and viable solutions.
Just think about the economics of it! Now go build one.

If you enjoyed this article, it would mean a lot if you click and share with friends!

source: https://hackernoon.com/governance-is-killing-blockchain-df3bfeb537f6

Seems people do not realize the difference anymore in crypto. We always talk about crypto and the idealism, but honestly I find people know very little. I even still have a few people think that mining crypto is actually awarded with physical coins! When they cannot even understand the basic architecture how do we educate about governance? Worse, people prefer governance and centralized politics!


Second that. Even if you did write it, you should at least provide the original link, gets more traffic and lets people know you are not a plagirizer,,, which can get you banned in forum!

The promise of crypto was freedom, not more politics.
Yet another tale of drama was revealed in the blockchain world some weeks ago, this time for Sia. This is following endless infighting over the years amongst camps trying to take control the future of money — from Bitcoin debates with Roger Ver, to hardforks in Ethereum, and flat out scams in ICOs.

This was not the future we were promised. Remember the days when we pontificated about how crypto would eliminate petty human things, like pride, power, and politics? That it would make the world a better place, not just more of the same? Yet now, crypto drama is often nastier.

So what happened?

Greed. People are just trying to make power grabs as the financial coup occurs, revolting from some tyrants, in attempts to become the next tyrants. This will not make the world better.
We need to return to our roots, which is that the future of money is decentralization — money not controlled by any one, group, or whole. Instead, money that is controlled by nobody, yet everybody at the same time.

How do you do this?
 
Governments are built on economic philosophies. Therefore, the most important piece is for a “system designer” to create an algorithm that they set in stone as the economic model of the cryptocurrency.

You can think of this ? That is back to politics.

1.   Second, because there is no land that citizens occupy in the crypto world, secession is purely voluntary and can’t spark resource wars — unless people still care about those digitally scarce resources, in which case, the economics of that system are still winning.

Okay, but really, what if we discover a better system?

Then great! A better system must always absorb the previous system, like Einsteinian physics and Newtonian physics. In this case, if your new system is actually better, then it needs to also provide an upgrade path for people to migrate forward.
And let us be clear here, this means if you are forking a system, then all those people get to keep their coins. No “haha suckers you’re too late to the party” attitudes. You ought not use it to give yourself an unfair advantage.

If a group of people had power in the previous version, and if someone simply doesn’t like that, then forking them out of existence is going to be win-lose. Having such a win-lose system will necessarily lose out to any game designer who can create win+win systems. In fact, additive-only mechanics are the inevitable and only long term sustainable and viable solutions.
Just think about the economics of it! Now go build one.

If you enjoyed this article, it would mean a lot if you click and share with friends!