It is safe to say that the World Wide Web has become an abomination in light of what its creator, Tim Berners-Lee, envisioned it as — a decentralized, open exchange of information. Now, it is riddled with choking points. However, the good news is that Bitcoin (BTC) has already demonstrated the case for decentralization. As a sovereign, leaderless, deflationary currency, the cryptocurrency is now widely in use as a hedge against inflation.
Bitcoin and other cryptocurrencies are able to counter centralized monetary power because they are decentralized and secured by blockchain. Can this technology be used to accomplish the same for the internet?