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John Backus @backus
, 5 tweets, 1 min read Read on Twitter
🐎 This crypto-fueled decentralized protocol craze is an antitrust trojan horse. Do people calling to break up Big Tech realize Silicon Valley might accidentally trust-bust itself? 💢

Ex: Twitter couldn’t freeze out 3rd party apps like it has if backend was decentralized
🔐 The blockchain ecosystem is also investing insane amounts of cash into finding viable UI for interacting w/ private keys.

This may help privacy advocates find ways to make the equivalent of GPG emails (and much more) easier to use and accessible in key apps like the browser
🧠 Young people sniffing around cryptocurrencies end up learning cryptography and distributed systems terms: “zero knowledge proofs”, “the byzantine generals problem”, etc

I wouldn’t be surprised if this motivates more students to study these areas in college
💰 Even if you’re skeptical of all the crypto companies county ICOs, bottom line is they’re going to try to launch crypto-based distributed systems. p2p file sharing provided lots of production networks for academia to study (Kademlia, Gnutella, FastTrack, BitTorrent).
Silver linings for crypto-haters:

At least blockchain might…

🐎 Incentivize tech industry to not build monopolies
🔐 Fund UI experiments for privacy tools
🧠 Expose students to cryptography, distributed systems
🎓 Provide crypto + distributed systems case studies for academia
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