Introducing Open Bazaar – The Decentralization Revolution Takes on Ecommerce

Screen Shot 2014-11-10 at 2.40.15 PMDescribed as the “next generation of uncensored trade” and a “safe untouchable marketplace,” OpenBazaar is fundamentally different from all the online black markets that have come before it, because it is completely decentralized. If authorities acted against OpenBazaar users, they could arrest individuals, but the network would survive.

– From the Daily Dot’s article: OpenBazaar is a decentralized Dark Net market that’s ‘untouchable’ by police

It’s truly incredible. Every time I become discouraged by state of the world and the decrepit and corrupt status quo, something comes along to restore my faith in the future and remind me that the time in power for these insane oligarchs is rapidly coming to an end. As I’ve said before, the advent and success of Bitcoin was the single most important development over the past few years to instill a real sense of optimism in me.

I’ve repeatedly characterized the monumental battle we face as a species as the struggle between the forces of centralization and decentralization, and I hold the view that decentralization will ultimately reign spectacularly triumphant. Not just because it is ultimately the type of system that most people want, but because it will work exponentially better that the archaic top-down systems in place today. For some prior posts on this topic see:

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