Skip to main content
tdro

Another wandering soul whispering into the void. If you are looking for my blog you are in the wrong place. The profile and header pictures are brought to you by cdd20.

tdro micro.thedroneely.com (edited) view Markdown Plaintext Embed Permalink 133/50 words 44s read
I’d have never peeked so deeply into cryptocurrency lore..

..if it wasn’t for this guy visiting my country. I am now “enlightened”. Spoiler: Blockchain protocols computationally formalize/describe a government’s high power restraints within democracy. In civics (social studies), democracy is decentralized power (no/many kings) and therefore implicitly inefficient.

Democratic governments (in perfect world) communicate/act/bank;

  1. In public (freedom of information)
  2. With immutability (no deleting things)
  3. With consensus (majority vote)
  4. With inefficiency (to weaken bad actors)

Citizens and other low power (centralized) entities can do some of the above (federation), but mostly (wisely) communicate/act/bank;

  1. In private (freedom of association)
  2. With mutability (to protect privacy)
  3. Without consensus (freedom of expression)
  4. With efficiency (to build–up fast actors)

Individually, (5-8 > 1-4) no? But (1-4 > 5-8) in dictatorships (5-8)? Blockchain governments for maximal oversight? Not happening :)

#coins #lists
tdro

Another wandering soul whispering into the void. If you are looking for my blog you are in the wrong place. The profile and header pictures are brought to you by cdd20.

tdro micro.thedroneely.com view Markdown Plaintext Embed Permalink 99/50 words 33s read
A superficial review of the paper that pulled a monetary deus out of a machine..

Yes yes, reading is old school and for losers (according to the Internet), but these are the words of cryptocurrency’s based god! Jokes aside, read the first sentence of that abstract. The developers of cryptocurrency are smart but has their creation increased/decreased centralization into entrenched financial institutions? Think about it, stably. In my country institutional power has increased, .

Your browser does not support the application/pdf plugin. Here's a link to the file instead.

Bitcoin: A Peer-to-Peer Electronic Cash System
Index: Cache · Source
#coins
tdro

Another wandering soul whispering into the void. If you are looking for my blog you are in the wrong place. The profile and header pictures are brought to you by cdd20.

tdro micro.thedroneely.com view Markdown Plaintext Embed Permalink 20/50 words 7s read

Enriching influencers, pundits, companies, and politicians online is counterproductive — instead prioritize your local community. Online authenticity is a facade.

#coins
tdro

Another wandering soul whispering into the void. If you are looking for my blog you are in the wrong place. The profile and header pictures are brought to you by cdd20.

tdro micro.thedroneely.com view Markdown Plaintext Embed Permalink 33/50 words 11s read

I’m not even that old yet, and think I’ve seen people owned by every scam in the book, it’s brutal. “The” Yellow Kid would be proud of this money/fame/status “scarcity games” obsessed generation.

#coins

Authors

Gallery

Following (6)

Web Ring