Hey everyone,
I didn't know where to post this without getting banned, so I decided to post it here but if you've never heard of Cardano, you have to watch this video and then Google them because what they're doing is...Well, it's revolutionary, to be honest.
Full disclosure. I'm a bit of a technocrat in that I really believe that technology can aid us in bettering our lives. Unfortunately in recent years, this hasn't been the case for every new invention, particularly social media. But I believe it's because social media is missing the key component that is needed to make it more fair and just and that is decentralized technologies, such as Cardano.
Think about it. Why are we dealing with all this censorship? Why do we have such extreme polarization in the West? It's because social media companies are run by a few people making huge decisions on how information is given to us. Because fear-based content that aligns best with our own conceptions of the World maximizes profits, companies like Facebook and Twitter feed people stuff that will entrench them deeper into their own belief systems while making them more fearful of other ways of thinking.
Now, these very companies are realizing the error of their ways, so what's their solution? Censorship that is based on what they deem to be false, which is not only whitewashing credible information but also causing a massive backlash from many people who understand the slippery slope that we're heading into. And this, of course, is causing backlash from everyone else who just doesn't understand the real consequences of such actions. Now, everything is politicized and everyone is irrationally angry at anyone who even looks like the kind of person they might disagree with.
All of this is because we have to rely on a few people to curate our content. But what if we could create new kinds of social media platforms based on algorithms designed on a decentralized consensus model that is immutable and unable to bend to the will of anyone, good or bad? What if we could re-design a whole new internet that runs by the will of the people instead of the will of a few people who believe they know what's best?
I mean, christ just look at Jack Dorsey. He's a total wreak because he understands the problem all major social media companies face. It's the same crisis like the oil companies. It's existential because their entire profit margins rely on the very existence of the models they created. So of course they're going to resort to centralized censorship because it gives them control over the situation that can only be handled by people outside of the companies who won't develop solutions that are biased to their own end.
This is what Cardano and Bitcoin stand for and if you ask me, I think both of these companies will become insanely important in the coming years because if shit gets real like it has in the past and we falter into a revolution, make no mistake. These companies will be in the thick of it and quite possibly play a pivotal role in shaping the outcome of such an event.
Anyway. Check it out.
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