Crypto is the Deus Ex Machina of the Internet

in #crypto7 years ago

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That explains a few things. I read an article about companies like IntGold and eGold and the biggest reason they failed is that there wasn't a decentralized protocol like blockchain technology available when those entities were launched in the early 2000s. Regulators were able to put pressure on them and ultimately drive them out of business because they could go directly after their servers.

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Fast forward, past Satoshi's vision, to 2017. Blockchain has proved to be so powerful as a technology that it is now the Crypto Ghost in the Machine that existing systems that rely on the internet can only mimic, not stop.

"UNSTOPPABLE"
"INEVITABILITY"

There are still scaling issues that have to be solved with the technology behind cryptocurrencies, but it is only a matter of time before we see their impact not only on financial sectors, but the tech sectors as well, no more centralized seizure of intellectual property or content by "authorities" like Google or Facebook. WYSIWYG. What you post is what is yours. The Revolution is being encrypted.

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