Understand the Blockchain in Two Minutes
Over the past decade, an alternative digital paradigm has slowly been taking shape at the edges of the internet.
This new paradigm is the blockchain. After incubating through millions of Bitcoin transactions and a host of developer projects, it is now on the tips of tongues of CEOs and CTOs, startup entrepreneurs, and even governance activists. Though these stakeholders are beginning to understand the disruptive potential of blockchain technology and are experimenting with its most promising applications, few have asked a more fundamental question: What will a world driven by blockchains look like a decade from now?
Warm Tеlеgram channеl whеrе АIRDROPs аrе рublishеd everу day; @airdrop_yes AIRDRОP - at nо сost distributi0n оf tokеns to еvеryone fr0m diffеrent IСО Giving оnlу 6-8 minuТes pеr dаy on rеgistrаtiоn in differеnt АIRDRОP it is роssiblе to reсеivе 2ОО-3ОО d0llаrs рer daу.
Did anyone else hear the contradiction? She said there is no middle man then goes on to say information is distributed through computers that get a "fee" - huh? And no mention of the high cost of purchasing and running these computers which are now out of reach for many thus putting the "control" and "fees' in the hands of the rich again. What am I missing here - anyone?
Using bitcoins to highlight the supposed security of this system is laughable considering that last year hackers made off with something like a billion dollars worth of the digital "currency". Of course, this is all speculation because no one knows what bitcoins are worth, and it's really just fool's gold at the moment.
this is like gun control. a minority of the population misuses things and commits crimes, so instead of holding those people accountable, a system is created that holds everyone accountable for everything they do?
So I can never change my mind about anything, and my entire existence is on public record? no thanks.
Here we go. A consortium of giant corporate interests have found a way to eliminate government and simply have our tax dollars go directly to our corporate masters. This is good, this is wonderful, this will totally change the way we live! Only the last statement is true. Now our corporate masters will begin having their news services tell us how the banks and business conglomerates are being changed and revolutionized but some how they will still exist and still have successes privately distributed to share holders and failures paid for by tax payers.
I have just started researching this blockchain business, and I have much more to learn; however, there is one huge, glaring question: All this depends on the internet, but what happens in the event of an EMP attack or violent solar storm in which all electronics, and computers in particular, are fried?