this post was submitted on 15 Oct 2023
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Anarchism

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Centralize decentralized (cryptos) (lemmy.ml)
submitted 1 year ago* (last edited 1 year ago) by danileonis@lemmy.ml to c/anarchism@lemmy.ml
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Does the Satoshi revolution need more time?

Most governments are introducing taxes on wallets and NFTs, and all content creators in the industry care to teach you to pay your taxes properly.

The biggest threat to global finance embedded in the system, in general indifference.

Wasn't this supposed to be in every person's hands? Off-grid, decentralized as it is in its nature?

(edit)

Yes, I haven't read "Mutual Aid: A Factor of Evolution" by Kropotkin wich I discovered only recently.

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[–] BetaDoggo_@lemmy.world 2 points 1 year ago (1 children)

For smaller coins probably, for larger ones probably not. The issue is more about the centralization of power. If a group of large miners decided to get together and mess with the chain there's not much the average small miners can do. They could do a hard fork from the main network but if the general public doesn't switch their new chain will have no value.

[–] danileonis@lemmy.ml 0 points 1 year ago (1 children)

What do you think about anonymous exchanges, could they have a relevant role in this particular phase?

[–] BetaDoggo_@lemmy.world 1 points 1 year ago (1 children)

I'm not sure how much they differ from regular exchanges, but if a central wallet is involved I don't think it really solves any issues.

[–] danileonis@lemmy.ml 1 points 1 year ago

Uniswap for example is an open source decentraized exchange.