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Are Cryptocurrencies And Blockchain Technologies The Next 'Industrial Revolution'?
The decentralised and trustless model of Bitcoin's blockchain is revolutionary.
The blockchain technology has transparency at its core, something we, as a society, are in desperate need of. It will change the way we relate to the world and to each other.
Trust is broken when users use middlemen
Trust is important for a society, and should be encouraged not removed.
Some governance/centralisation will always be necessary. A fully decentralised system would suffer from an inability for developers and others in the ecosystem to agree on new standards, features and upgrades.