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RE: Decentralized Money Is In Line With Much Bigger Trends

in SteemLeo5 years ago

Without a doubt, you are quite right that we are moving towards variants of decentralization. As for cryptos, I see one of the essential developments being the need to find new ways to measure what we think of as value.

We complain a lot about the banksters being able to simply "print more money" without accountability, but where's the accountability of those who create thousands of different currencies with little more purpose than lining their own pockets through a flimsy White Paper and a hyped up ICO?

The assumption that people in a decentralized system are "smart enough" to detect such things would — in my opinion — be folly. Sure, "WE" can see such things... but your average "Joe Sixpack?" Not so much...

=^..^=

Posted via Steemleo

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