Bitcoin has been getting quite an amount of attention lately with the hard fork on way to commence late this month and social networking sites and the media outlets are crediting bitcoin again with more fame as we head towards $6k in the value of a single bitcoin what I would like to talk about though is what decentralization and having assets could eventually become in the future.
What could be more of a hiccup to major banks and centralized corporations is things like decentralized value in physical assets on digital blockchains say you have a home and you sell it to an anonoymus user for a digital currency as we know it is now possible but lets say a government trys to address to the new owner of the asset for land rates or fees applicable in a certain country or area is it legally permisable for them to do so or does the physical asset then become decentralized property and legally stratergized so that such fees are then voided then if so may the owner may refuse to accept statements or ransoms (bills and fees) of an established country or corporate body or governing body if the asset represents decentralized value.
I think this will be the next chapter of decentralization and will be both critical to the fiat system and the digital decentralized values as they will go head to head for non intangible values such as gold and metal , food and other earthly resources in years to come.