The #blockchain is not 'ceasing to be a neutral mechanical system.'
It never was neutral. People always made political decisions that impacted others, & continue to do so. True of all blockchains.
I could go on (for a while), but for now I will leave it at #codersasfiduciaries. https://twitter.com/TokenHash/status/963987749521866752 …
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Replying to @angela_walch
Neutral: “not helping or supporting either side in a conflict or disagreement.” Certain aspects of a blockchain *are* neutral, eg, the that transactions are final & irreversible. If a small group of humans can tamper with the ledger & reverse txs, it is no longer neutral.
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Replying to @hugohanoi
See my work on the finality/irreversibility/immutability myth of blockchains. These cannot be viewed as absolute, given that the humans involved in the system can ALWAYS choose to change their minds. Human agency is always present. https://ssrn.com/abstract=2940335 …
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Replying to @angela_walch
Nothing under the sun is *absolutely immutable*. Given enough energy, even Gold can be synthesized. When we say “immutable” we usually mean it’s *practically immutable*.
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In the context of blockchains, BTC is immutable to the degree that creating & reversing the txs roughly costs the same amount of energy. This amount of energy *is* neutral: it doesn’t matter who you are, it will cost the same.
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