RE: Why not question the financial system?
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My point is that when the economy is decentralized, traditional banks lose part of their power over the individual, and the subject himself gains voting power within the system. And I don't think it's really possible to completely suppress the current fiduciary system, but we can at least reduce a good part of its power, and the first step towards that is precisely, in my opinion, convincing people that this is the right thing to do. done so that they can have a more dignified life, and this can only be done with education and knowledge
And I agree with you on all counts, the technology is still very immature, and we don't know the fullness of both its applications and potential problems, and people are still mentally and financially dependent on the traditional fiat banking system, the which, for example, hampers a peer-to-peer economy between users of a certain cryptocurrency (buying basic everyday things, such as beans and rice), at the same time that it ends up stimulating speculation on top of certain cryptocurrencies
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When it's a jar
Credit: reddit
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(1/1)
I hope this leads to a better future... My fear with these decentrailized systems is that a group with a big enough stake could become the government of the peer-to-peer systems. Won't that mean we'll have the same problems if that happened?
It is for these and other reasons that I prefer Proof of Work to Proof of Stake