

On the knowledge commons, knowledge sharing & social networking for open learning.Own thoughts,might coincide with my company GIZ or not:-) RT≠endorsement
Now we’re being spun the End of History again. This time, though, our salvation moment is to be delivered not by a political system but by a nascent techno-elite centred around Silicon Valley. At the heart of the tech-utopianism that predominates in the Valley is the idea that the new techno…
…last decade has put previously unthinkable technological power in the pocket of billions of people. And they’ve used that tech to serve their higher-order needs — connection, status, prestige, power — in all kinds of new ways. What is Instagram, if not an endlessly scrollable record of the human impulse towards status display?
In a sense, current conceptions of blockchain are trying to do the impossible. They want the security of a decentralized system with the control of a centralized one. The desire is the best of both worlds, but what they end up getting is the worst of both worlds. You get the costs and difficulty of a decentralized system with the failure modes of a centralized one.