Sticking to Crypto's Core Philosophy Is the Way to Prevent Its Abuse

For all intents and purposes, the blockchain is a fledgling technology in its own right.

The blockchain enables some extremely valuable use cases, but there is a potential that it could be used nefariously.

Just because blockchain technology exists doesn't mean it's going to immediately create value for individuals.

The blockchain is decentralized, permanent and immutable - there's no going backAny transaction you make on the blockchain is final.

It's important to understand what blockchain is great at doing, what it's not so great at doing, how it should be used, and how it shouldn't be used.

The same central bodies that exploit our trust are starting to use blockchain as a disguise for their own benefit, while leaving blockchain's core philosophies behind.

Analogous to the internet - which can be used in a multitude of ways, ranging from good to bad to evil - the blockchain can also be used in many ways.

The blockchain is powerful if it is built by us, the people, with its philosophy of decentralizing trust so that we can empower the people.

Transparency is a gift enabled by blockchain technology and given to the people.

A blockchain's success shouldn't be measured by the amount of market capitalization the market has or the number of people that are using it.