Vitalik Buterin Has Thoughts on Social Media Fact Checking

That is price making an allowance for in crypto, too. The intention shouldn’t be to resolve all of the world’s ills. Far too usually blockchain tasks want to disrupt and exchange what already exists. It’s not out of the query to suppose this cockiness can have a damaging backlash, feeding the overall skepticism round blockchain and folks’s anger when issues inevitably go incorrect — very similar to how social media truth checking has spurred mistrust and the overall collapse of the religion in establishments. Hopefully, open, permissionless crypto networks are already constructed for a world stuffed with many opinions — however maybe they need to be constructed for a world with many choices, too.