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RE: Capitalism or Socialism: The false dichotomy
Yes, indeed there are different options, but I have question what u think about blockchain large scale application? Is it not that in the end power will be just centered around ones who have biggest computational power?
I would say that in any case that already happens in the modern world. Big tech has the power to even censor presidents today. The worst that can happen is that the same problems that exist today, such as the rule of the plutocrats, remain even when blockchain technology is used on a large scale. But even in this case, their power would be reduced to compared to what they currently have.