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Blockchain? It’s All Greek To Me… – Bozho’s tech blog

I’ve been skeptical for a while now about how everything seems to be solved by “blockchain”. Bozhidar Bozhanov seems to share many of my thoughts and wrote them up already:

I can’t see why it would be useful to abandon a centralized database that you can query in dozens of ways, test easily and scale trivially in favour of a clunky write-only, low-throughput, hard-to-debug privacy nightmare that is any public blockchain.

I can see how a pseudo-public blockchain can, for instance, be useful as a clearing-house mechanism between banks, but for now I’ll stick with a regular bank myself. They’re not perfect, but I think the time society has spent on regulating banks, and the service banks provide here in The Netherlands and Europe, still give me a lot more ease of use and peace of mind than the yahoo libertarianism of many blockchain advocates.

Source: Blockchain? It’s All Greek To Me… – Bozho’s tech blog

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An open letter to the W3C Director, CEO, team and membership from the Electronic Frontier Foundation

There are these stories about how long it took for radio, tv, the internet to reach a certain influence on society (less and less, some would like to extrapolate that to the Singularity). There also should be stories about how long it took for each technology to reach corporate dominance over that technology, preventing it to serve social justice and progress…

Source: An open letter to the W3C Director, CEO, team and membership | Electronic Frontier Foundation