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Cryptocurrencies are about to change the world as we know it. Just think of the example of Uniswap, which allows the exchange of cryptocurrencies. The special feature is that anyone, anywhere, can exchange these cryptocurrencies, anonymously and uncensored, since there are no middlemen.
This opens up other possibilities beyond the financial world. This kind of technology can revolutionize the way we work. Imagine that a company needs someone for a specific task (programming in Python, for example). Through something similar, someone with the skills needed for the job can apply, wherever they are and without their identity and location being revealed. Without intermediaries. Imagine a model like Amazon, but on a basis like Uniswap, where a customer evaluates what I have for sale, sends me the money, and I send him the product. No middle man. This can be applied to social networks, government, and many more areas. In fact, many of these ideas are already being implemented in one form or another.
In fact, there would still be an intermediary, which would be the platform itself. But it would be a decentralized intermediary. And what does this mean? It means that the role of a traditional intermediary, all its data, would be pooled in a database and freely accessible to the public, who could then, for example, make a more informed buying decision, in the case of a buy-sell platform. Something like this would succeed in revolutionizing the way we live, affecting not only shopping experiences, but the banking system itself.
Of course, there are obvious problems with these solutions. For starters, an intermediary like Amazon is very helpful in resolving disputes. Another issue would be security. After all, in the early days of cryptocurrencies, anyone stealing my access would be stealing my cryptocurrencies, or important documents that I had stored. But today, this is no longer the case: there are intermediaries that help maintain security, just like in the “real world”, with the difference that only those who want to use them use them, and the prices of these intermediaries are kept low due to the variety of options. So intermediaries would be introduced only where it made sense, and only if the user in question wanted them.
Of course, the transition to a decentralized world will bring its problems, especially at the beginning. Things like piracy might become commonplace, for example. A person may very well publish content from others and no one can make them stop, since they will maintain anonymity. I can’t tell you what the solution is. But a transition to decentralization may help distribute the fruits of good work to all involved in a fairer way than the current centralization allows.
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