Topic: Is governance Killing Blockchain ? - page 2. (Read 276 times)

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!

everybody wants money and unfortunately cryptocurrencies have been providing that to a lot of people in a very easy manner. all the things you mentioned here such as Roger Ver's take over attempt, Ethereum fork,... are to make more money. they even created coins to make money, tokens such as Ethereum was made to make certain people millionaires overnight, fork coins like bitcoin cash was created to "create" money out of thin air in an instant.

this is inevitable. the only thing that users can do is find the decentralization that a currency like bitcoin has and then stick to it and stay unmoved no matter what is thrown at them. and that has been what we have been doing so far with bitcoin.

Perhaps you are right and governments will try to take advantage of their position and try to influence this technology!

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.

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. Blockchain technology will become sometime the Masses will get used to 5-10 years form now, so if we want mass adoption, there will be some governance to a degree or regulation at least, that is inevitable. I can't see the whole world hosting revolutions against their governments and the banks, it just won't happen, but what we can do now is share a bit of the big pie that is coming in the next bull run to 'free ourselves' from poverty.

Good article.
Are you the one who wrote it?
Or you just copied from this source https://hackernoon.com/governance-is-killing-blockchain-df3bfeb537f6 ?
If you only copied the content, I suggest you include the source where you got it from because that's plagiarism.

Governance has little impacts as regards Blockchain technology
Naturally it is difficult to make people understand basic developments in a short period of time
And that is what our government are facing

They are worried about the safety of their citizens
Worried about money laundering
Worried about existence of banks

It’s going to succeed but it’s going to take a while

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.

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.

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