Mon Feb 07, 2022 12:43 pm by Intars
Quite a lot information and thought put in one video. Its hard to comment on everything all at once. For now i will be quick and point out that up until 24 minutes, i
already got alerted to aspects of whom i had no idea. I had some starting sympathies towards Ethereum since last year but then, admittedly, i didn't quit checked
myself good-sourced articles, white papers or stuff like that close enough to detect myself of how billionaires, like Peter Thiel, ends up 'magically' appearing on the
horizon of the very foundational events of Ethereum. Only from this video for the first time i heard about this book "Infinite machine"; i like how video authors shakes
up this book little bit and invites a skeptical thought moment on that one thing.
Second thing, which i kind of already suspected, but which is better and simpler accentuated in this great video >> is this aspect of blockchain structural deficiency by which
in a long term folks with more money to invest into mining servers + property etc. will get to play more and more dominant role (you can say - next oligarchs) as a time passes
by, thus leaving regular folks out of any relevant power or role even in blockchain, again! Which means its sort of, again, the same game which blockchains / cryptotech kind of
a 'evangelizes' and agitates to solve.
I am so happy to get some skeptical senses back on this issue, especially since i kind of started to fall for blockchain promises.
For now, as a early, primitive personal hypothesis i say that blockchain probably can be of some progressive utility for evolution and progress, but most likely not in a way how
it is perceived/developed and tailored towards current investor needs. I will try to wrap my mind around NFT, after i dig deeper into video.