No one owns the blockchain
As strange as it sounds, no one owns the BLOCKCHAIN. The blockchain is a network that allows programmers to develop business, ideas, and operations without any more concern than criminal activity.
Bitcoin started in 2009 an encrypted program of amazing code. There was no office, no president, and no owner … just a community of people who mined or bought this strange digital commodity.
So the blockchain is a system for us to explore, invent, and build things that paralleled things in the real world. Paper or fiat money has a rival known as cryptocurrency. The debate was whether crytocurrency could every replace paper currency. Well, we are watching this happen in resl time now. You will soon see “Digital Assets” working in tandem with “Real World Assets”. Paper deeds, title, and certificates of ownership will quickly become “Tokenized” so all ownership evidence is faithfully etched on the Blockchain … and the “Paper Chase” will also die!
It’s a new world, and the “Digital World” is going to mirror or handshake with “Real World”. It is rather like learning a new language, but we have no choice because all of this happens with us … or without us.
The blockchain is “Decentralized” meaning there is no one person, company, or country that controls it. It is also believed to be “Democratized,” meaning that the people are free to explore, use, and profits by whatever inventions that we can conceive.
We dare not ignore the birth and growth of the blockchain, as those who cling to a dying patient in the hope that we have a few more years of the old and sick relative.
