Countless people in different disciplines are working together to make blockchain the default tool for handling and trading financial assets. The overarching goal of this work is to create a decentralized world; a world in which corruption doesn’t run amok behind closed doors, and where we don’t need middlemen to do stuff for us while taking handsome profits. This decentralized utopia would allow us to have control over our data, and not have to deal with companies taking whatever data they want whenever they want.
I am a full proponent and believer of this goal. I think it has the potential to solve a lot of inefficiencies and problems in today’s society. But after working in and observing the space, I can’t help but notice the following contradiction: