RE: ICOs and the World Wide Web - History Repeats Itself, Isn't It?
Great Great Great post. I. Liked the way you linked the evolution of the www and its critics who were obviously there for there own interests and not those of whom they were warning, with what we are experiencing in the crypto world today. Anytime crypto prices go down they tell us that the crash is coming but they are doing this because they want us to still keep our money in their banks so they can use it for their own good. I believe strongly that china's ban has some banking and government forces behind it. They thought they could kill crypto, but it only lasted for less than a week and now crypto is rising again. Like you said, what you resist just makes it more visible. Just like the www,the crypto train can never be stopped. It is here to stay. Tanx
China is a very good example of what happens in an overly centralized social system. Innovation is allowed to propagate into the system only to the level it doesn't disrupt it (which is what innovation usually does, it replaces an old thing with a new thing).
Exactly, and any society that tries to choke innovation is only heading for economic extinction and irrelevance. There might be some temporary gain for some big bosses, but the long term damage could be disastrous. I believe China has big big potential but they have to stop clipping the wings of innovation and new thinking, but allow it to fly high into the sky, pouring out its blessings on all men. Tanx