Bozzlife: What a weekend!

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It has definitely been an exciting weekend in the world of tech and blockchain. A couple news worthy things happened in case you missed it. Big tech increased their stance on censoring certain platforms. Specifically the decision by Amazon to not allow Parler(sp?) to run on it's servers has caused many people to reconsider their choice of using AWS.

Personally, I am indifferent about that particular platform. I don't agree with most of the stuff that this probably thrown around on there, so on some level I feel like the world is probably a better place.

I do believe in free speech, so it is concerning to me that this move has been made. I can understand why witnesses would be looking to move their hosting elsewhere. If Hive is to truly be a censorship free space we need to make sure it is immune to said censorship at all levels.

I know of several companies who have moved back to hosting their own hardware because it has become considerably cheaper to go that route. It is possible Amazon may have shot themselves in the foot a little bit on this one. Likely they are just being proactive to avoid any additional government interference into their business. It sets an unsettling precedent none the less.

EOS


Then we have the news out of the EOS space. Indeed, it appears that Dan Larimer has decided to step down from Block One. As expected, the ETH faithful are saying "I told you so" while they continue to pay their exorbitant gas fees and throw their money away.

I think what people need to remember is the fact that Block One is not the EOS blockchain just like Steemit was not Steem. I don't disagree that Dan has a pretty poor track record of sticking around for the long term on his projects. It has to be hard to watch project after project get abused, bastardized, and turned into something that is fundamentally the opposite of what you intended.

That is the pitfall of creating the types of blockchains he has. Human nature is likely always going to pervert the purest of intentions.

That being said, I do think Dan sort of missed the mark when he typed up this blog post on Hive. I will explain in just a second.

While many people are using the events of this weekend mentioned above to paint Dan's reasons for stepping down, this article proves that is clearly only part of the reason.

I have been echoing for quite a while now that to see mass adoption of blockchain and more specifically cryptocurrency, we are likely going to need to give way to government regulation to some degree. That is a hard reality to swallow when you consider the original heart and soul behind cryptocurrency.

I can understand Dan being turned off by that fact and wanting to take a step back. Where I feel he misses the mark can be summed up in one of the comments to his post.

It is easy to be outraged at government control and regulation when you have millions of dollars. Some of us are just trying to get by month to month, pay our rent or mortgage, and hopefully some day give ourselves some fiscal breathing room with this cryptocurrency thing.

Do I like the idea of tracking every single transaction I make on any blockchain (including writing this post) so I can report it to the IRS? Absolutely not! However, if I am ever lucky enough to make some decent money in crypto that would allow me to say pay off my house or something like that, I will be more than happy to give Uncle Sam his 30-40%. It still removes that burden from me and allows me to be more fiscally independent.

Like I said, lots of stuff going on this weekend. I think it is important to avoid the knee jerk reactions and really dig into what is or isn't going on. Apply some empathy and think about how this might impact all parties involved whether their bags or big or small.


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9 comments
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El mundo de las cryptos se enfrenta a decisiones importantes sobre cuanto ceder al control gubernamental

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If Hive is to truly be a censorship free space we need to make sure it is immune to said censorship at all levels.

Well, I can say that hive is immune because most stuffs about hate and violence has not been muted or downvoted to a certain degree. The only issue and having is that most stuff about Tron (am not a fan though) is automatically downvoted.
Is that another way of censorship?

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I guess in a round about way it could be considered censorship, but it isn't being downvoted by Hive, it is more people on Hive who don't agree with it. That is just a natural function of the platform. As more people join, you might find more users who feel favorable about Tron. The majority of us who have been here since the beginning will not fall into that category since we know the history and why Hive was created in the first place. It will be a long road for you if you are trying to find people on Hive that like Tron.

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Hahahaha!
Lol
I fall for this;

The majority of us who have been here since the beginning will not fall into that category since we know the history and why Hive was created in the first place.

I'm part of the group who teleported to this very ground.
Thanks for clearing the air with your view.
Have a wonderful day.

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Voice wasn't becoming any free speech champion. There will be too much "influence" from government on EOS. They may have had to cut some deals to get off with only a small fine for their ICO. I'm glad Dan Larimer stepped out. Now he can focus on building better tools like the one we are using right now (I mean Hive which is a fork of Steem)

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I didn't even mention Voice on purpose. I don't think Voice was ever meant to be that. Even during the closed Beta that I was a part of they had strict rules in place with regards to content. The focus on Voice was more about transparency since they were requiring strict KYC and full given names to be shared. I know they have changed their stance on some of that lately. The ICO for EOS wasn't available in the US, likely the had to pay some fine, but that was their way of avoiding those issues.

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I have been echoing for quite a while now that to see mass adoption of blockchain and more specifically cryptocurrency, we are likely going to need to give way to government regulation to some degree.

That's what I hate the most in regards of the prospect of crypto for the future but it seems to beheading towards that no matter what my take is.

It is easy to be outraged at government control and regulation when you have millions of dollars.

I get you on that one. I feel like 30-40% taxes for crypto is too much.

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As I cynically mentioned before:

People seek their own echo chambers, not a place where you can still have a defiant voice despite mass disagreement. But, that downvote button does have some great psychological effect.

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