Home Altcoins Newspopular-post Siacoin (SC) David Vorick SkyNet Lead Developer’s Views about Cryptocurrency and Blockchain Space through Time

Siacoin (SC) David Vorick SkyNet Lead Developer’s Views about Cryptocurrency and Blockchain Space through Time

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We flee to Bitcoin because the same entities that promise to protect us from bad actors have proven to act in bad faith themselves. Bitcoin is a check on the legacy financial system. Be at least as good as some cobbled together scrap of code or lose your political power to it.

There are more bad actors in the crypto leadership than good. There are more bad actors in VC leadership than good. There are more bad actors in Congress than good. Power attracts bad actors, and power corrupts.

In the future, people won’t even be allowed to access the Internet without first training AI robots how to navigate the real world. Wait no that’s the present.

Google et al works hard to block copyright content not because they care about protecting creators, but because they can set standards that choke out early competitors. We’ve spent 6 figures and counting building systems to ban people and things from Skynet.

Decentralization is all about counterparty risk. What is the chance that this changes without my consent? What is the chance that it fails or shuts down unexpectedly? Is it robust to enemies declaring war against it?

It is more profitable to create a curation/review platform and then sell out to brands than it is to stay honest to your users about which products are best. The only lasting fix for this is to pay more for curation. This is a deep structural issue in modern capitalism.

If you think Bitcoin is going to be replaced just because some superior technology comes along… you should study the history of IPv4. We named it Skynet because it’s unstoppable.

Bitcoin is a reminder that if you don’t like the rules, you don’t have to play the game. Decentralized infrastructure needs to be decentralized to the core to be effective in the long term. But a given person, application, or community need only get their toes wet to start reaping the benefits. Building decentralization is hard. But using it doesn’t have to be.

Since Vitalik dumped SHIB, it has outperformed both BTC and ETC. It appears that the original idea of the devs – get a lot of attention for their project by giving Vitalik a bunch – has paid off massively.

Students are afraid to research security topics because they fear they will end up on a government list. This is a tragedy. The nation with the strongest military will be the nation with the students that most freely researched weapons of war.

The media giants are spitting content off into silos because they make more money by splitting their content away from the commons. It’s an incentives issue. Skynet fixes this. No really. Stay tuned.

Modern securities law reinforces the wealth gap. The best opportunities are primarily available to people who can’t afford to pursue them. And securities law ensures that only the rich are allowed to take advantage of the upsides from funding these opportunities.

We flee to Bitcoin because the same entities that promise to protect us from bad actors have proven to act in bad faith themselves. Bitcoin is a check on the legacy financial system. Be at least as good as some cobbled together scrap of code or lose your political power to it.

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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