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The Revolution
Will Not
Be Centralized
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!
bitcoin
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magic
internet
money
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!
bitcoin
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1AwsMQhSoWxziP3XEnRtNurWuktBDK4GkC
LyY7aKc290...
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1BzZ2shEZmJUZyPScNTkfVFnSovkJsXeYZ
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15Y1QuDTdVmn8HCjMn14VX7CvsLUC3t6oE
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1FdJiTCUwWedQvt7TaWouAD3mMPmNLMu4s
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1JFda26Z3s5eFHF7QWiVy5FFgoA8Lq8qPR
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14XngApwvbbR2zige17mmwRG2GrpPAeDY1
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1winnert72Hkk9tqg4xKQJZTEH9vLsAQfS
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...
Address: 1winnert72Hkk9tqg4xKQJZTEH9vLsAQfS
Privkey:
1
2
3
4 profit!
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decentralized
protocol
trustless
open
neutral
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DECENTRALIZE
ALL THE THINGS!
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like what?
• Email (GMail -> Bitmessage)
• Storage (Dropbox -> Storj)
• Money (USD, EUR -> Bitcoin)
• Social media (Twitter -> Twister)
• Even companies themselves (status quo -> DAOs, DACs)
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why bother?
• Freedom (of choice; from censorship)
• Privacy (deciding what to share, with whom)
• Prosperity (fewer middlemen, fewer fees)
• Resiliency (fewer single points of failure)
• Competition (leading to better choices for users)
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big challenges
• Coordination
• Discovery
• Adoption
• Infrastructure
• Funding
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but many are now rising to those challenges
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MUSCULAR
TEMPORA
BOUNDLESS
INFORMANT
Mastering
the
Internet
Global
Telecoms
Exploitation
MYSTIC
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SURVEIL
ALL THE CITIZENS!
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Q: what do we do about it?
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A1: absolutely nothing!
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Privacy isn't about having something to hide.
It's about control.
Either you have it, or someone else does.
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"The debate isn't security versus privacy.
It's liberty versus control."
!
~ Bruce Schneier
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!
"No one shall be subjected to arbitrary interference with
his privacy, family, home or correspondence, nor to attacks
upon his honour and reputation. Everyone has the right to the
protection of the law against such interference or attacks."
!
~Article 12, UN Universal Declaration of Human Rights, 1948
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!
"Those who would give up essential Liberty,
to purchase a little temporary Safety,
deserve neither Liberty nor Safety."
!
~Benjamin Franklin
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A2: protest!
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maybe
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maybe not.
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"Don't blame the NSA for being the
first to buy a hammer off a store shelf."
~ Jeff Garzik
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A3: decentralize.
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it shouldn't be
this easy :(
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A4: encrypt.
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1999
2005
... and today?
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1. give up
2. protest
3. decentralize
4. encrypt
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problem: no incentive
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cause: advertising
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"It’s time to start paying for privacy, to
support services we love, and to abandon
those that are free, but sell us—the users
and our attention—as the product."
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we're addicted to free services
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free services survive on advertising
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free services survive on surveillance
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free is a lie.
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government surveillance
corporate surveillance
enables
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if only there were another way...
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Alice
Charlie
Dave
50%
25%
25%
5%
95%
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SIGHASH_ANYONECANPAY
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Alice
Charlie
Dave
50%
25%
25%
0%
100%
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`
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oops.
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crowdfunding
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equity crowdfunding
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crypto-equity crowdfunding
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Counterparty
Mastercoin
Swarm
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MaidSafe
(which builds on)
Mastercoin
protocol
uses to launch
and
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The Four Freedoms
1. The freedom to run the program as you wish, for any purpose.
2. The freedom to study how the program works, and change it so it
does your computing as you wish. Access to the source code is a
precondition for this.
3. The freedom to redistribute copies so you can help your neighbor.
4. The freedom to distribute copies of your modified versions to
others. By doing this you can give the whole community a chance to
benefit from your changes. Access to the source code is a
precondition for this.
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OH MY GOD...
WHAT IF
STALLMAN WAS RIGHT ALL ALONG
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free software!
+ bitcoin!
+ decentralized crowdfunding!
-----------------------------!
new ways to directly(!) fund FOSS
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putting it all together
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metered resource consumption
and QoS
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bitcoin micropayment channels
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zero trust
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the network is the computer :)
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problems and threats
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Legal
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Silk Road
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OpenBazaar
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systemic weaknesses
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bitcoin itself is decentralized
but bitcoin exchanges aren't
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centralized services
• Web wallets
• Exchanges
• OTC Bureaus
• Coinbase, Circle, ...
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Regulatory
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BitLicense
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Privacy (Transaction Analysis)
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CoinJoin / ZeroCash
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conclusions
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"decentralizing all the things"
probably won't be a mainstream
phenomenon anytime soon
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but that's okay.
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all we need is enough
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this revolution is peaceful.
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things you can do
• Patronize "small businesses" on the web like pinboard
• Or start one :)
• Run a full bitcoin node
• Run a Tor exit node
• Read up, dive in: http://chris.beams.io/posts/bitcoin/
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"In order to change an existing
paradigm you do not struggle to try
and change the problematic model.
You create a new model and
make the old one obsolete.
That, in essence, is the higher service
to which we are all being called."
~ Buckminster Fuller ~
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thanks!
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questions?
chris.beams.io/talks/revolution
@cbeams
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