A letter for the decentralised future
The rise of decentralised technology got me to think hard about why it has gained such a huge appeal in such a short span of time.
Is it the appeal of riches like what we saw in the dotcom boom?
Is it the appeal of revolutionary technology?
I agree that the above does play a part to the appeal. However, I refuse to believe that they are the real reasons of the exponential growth of the decentralised industry.
I believe that our society has lost our faith in centralisation.
I believe that how we lost our faith in centralisation stems from our democracies. Isn’t this such an irony?
Traditional democratic theory provides for everyone’s participation in government either by direct or representative vote. This means every individual is represented.
Traditionally, we would chose a leader to lead us. We went by the majority rule because, face it, there will never be a 100% consensus.
This immediately creates the minority problem.
Furthermore, the problem with having someone represent a group is that there is a centralisation of trust in the representer.
It is funny how democracy gives everyone a voice, but groups the voices together into one. What happens if voices in a group change?
Our voices or opinions change daily. It changes according to our experiences, the values we hold and the people around us.
Every voice and opinion is unique. Unique in the way that although we may come to the same conclusion, the path we took to the conclusion is different. Because of this, conflicts are bound to happen. People with the same conclusion, will react to the future differently.
This creates a problem that the represented will become the unrepresented.
Throughout the years, the pool of unrepresented has grown to the extend that democracy has become the plague it was supposed to solve. Democracy became the playground for the wealthy to thrive and has no voice for the unrepresented.
The aftermath of centralisation is a society which is unable to trust.
We have learned that regardless the system we adopt, the best person to represent us is ourselves.
Trust is hard to be build. Broken trust is even harder to mend.
Decentralisation removes the aspect of trust completely and returns the power to represent to ourselves. This is why it is so attractive.
Although we have no idea about what a decentralised future will bring, it seems to be the next best alternative and gives us hope.
The idea of decentralisation is like a light in this dark and broken world. It allows us to see a better future. It gives us hope that we may progress past the current tipping point in society. It gives us the chance to dictate our collective future.
I believe that if we are able of building an ecosystem that removes our human weaknesses, we are more than capable of evolving to a society of better moral standards and values.
I hope our society can one day begin to trust one another again because it is one of the aspects that makes us human.