AskLeo - What's Not To Like About Blockchain Technology? by acesontop

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hive-167922 · @acesontop · Nov 12 '21

$23.92

AskLeo - What's Not To Like About Blockchain Technology?

This is probably be labeled as one of my oddest posts ever, as I am a blockchain guy trying to find "what's not to like about blockchain technology" and hoping to get some of the most "outrageous answers". Before jumping into the topic, though, what's to like about blockchain?...

Well, immutability, transparency, safety, decentralization and "equal distribution" of this marvelous tech among us humans. It's probably the most disrupting tech that's in the hands of almost anyone in the world, it's nothing "of the elite". It's changing lives, so far for the better, and it looks like becoming the main raw ingredient for a future better world.

So what's not to like about it?

Immutability and traceability, probably...

Yes, I said it, if there is something that I don't like about blockchain is immutability, but before killing the messenger, let me put that into context. So far, decentralized blockchains being immutable and used for the benefit of the people is something no one would complain about.

![devilsadvocate.jpeg](https://files.peakd.com/file/peakd-hive/acesontop/23vsYkEC5nrmrdap4a46yYz5BL2rfVeUYtqzh8tQVn9VUoMFy5cBcCmCJpL5k9TDC34fp.jpeg)

But what about if they could be used by the elites/establishment? What about that immutability turning against us being used to trace everything that we do, in a future life where the online world will no longer be separate of what we now call the offline world.

What if somehow IDs will be created on interoperable blockchains and everything we do, buy, put out on the internet and in the metaverses can turn against us, what if what's supposed to give us freedom will help in further enslaving us or turning us into mere consumers and living vegetables?

Again, before you kill the messenger, I will say that I'm perfectly aware decentralized blockchains are of a different breed, but there are some "what ifs" that are currently boggling my mind when thinking about the future of our society and how technology can impact us for the better or for the worse.

[The Metaverse Is Big Brother in Disguise: Freedom Meted Out By Technological Tyrants](https://www.zerohedge.com/geopolitical/metaverse-big-brother-disguise-freedom-meted-out-technological-tyrants). That one's coming from zerohedge.com... The title is a bit click bait, but the article is mind opening towards how tech has been used mostly against us than for us, for the past decade or so.

I am grateful for blockchain, so far, as my personal finances rely entirely on this tech and so far it hasn't played against me, but being somehow of a conspiracy theorist I always ask myself the devil's advocate questions. I have quite a lot of "what ifs" on my mind lately.

What about you, what do you think is not to like about blockchain and also what's your stance on my ramblings above?

*Thanks for attention,*
*Adrian*

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/askleo-what-s-not-to-like-about-blockchain-technology)

👍 leo.voter, ezrider, zuerich, xels, nathanmars, k4r1nn, josediccus, steemflagrewards, toofasteddie, preparedwombat, fotostef, brofi, bozz, dylanhobalart, seed-treasury, sbi10, gualteramarelo, scaredycatguide, ew-and-patterns, smartvote, iikrypticsii, gohive, roleerob, nathanmars.leo, src3, ro-witness, empoderat, voter000, msp-makeaminnow, lion200, steem-on-2020, bananass, bozz.sports, vintherinvest, uwelang, mightpossibly, olumzy, actioncats, devpress, drax.leo, chris-uk, leofinance, gadrian, cielitorojo, knowhow92, summertooth, megavest, nathanpieters, julialee66, kristall97, hashkings, victor-alexander, fundacoven, swelker101, ravthijo, banat, babytarazkp, opinizeunltd, navyactifit, helgalubevi, lauriki, anderssinho, elgatoshawua, onestop, and 53 others

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@josediccus · Nov 12 '21

$0.11

Not intending to completely agree with you, but there's an element of logic to the points you've raised. The technology behind crypto isn't flawess. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@josediccus/re-acesontop-6kaatj)

👍 acesontop

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acesontop	0 B		82,577,290,431	100%

@acesontop · Nov 12 '21

It matters a lot in the hands of who it's getting. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-josediccus-6be6jt)

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@nathanmars.leo · Nov 12 '21

$0.12

Yin and Yang. 
Big and small. 
You and me.

I guess blockchain will empower humanity and it will also have negative effects. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nathanmars.leo/re-acesontop-7x3yhu)

👍 acesontop

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@acesontop · Nov 12 '21

$0.04

I honestly have no clue how it's going to be used in the next few decades. I hope it's for the better. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-nathanmars-leo-6wptwp)

👍 nathanmars.leo

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@williamtboy · Nov 12 '21

$0.11

Blockchain chain is good but when you fail to protect your wallet, you will see your account being hack. 
But one thing I hate in all the whole blockchains,when you are sending coin to someone and you make mistake in the person wallet address your coins will disappear.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-acesontop-47wh3u)

👍 acesontop

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