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NBTV: Your Money, Your Data, Your Life

Decentralized Storage

Feb 10, 2024
The podcast explores the dangers of centralized cloud storage and the control that tech giants have over our data. It discusses the risks of data centralization, including lack of control and potential censorship. The podcast also highlights the importance of decentralized storage in achieving a user-centric web and preserving digital evidence.
14:15

Podcast summary created with Snipd AI

Quick takeaways

  • Centralization of data storage by a few companies puts our data at risk of loss and censorship.
  • Decentralized storage options offer increased control, reduced censorship risk, and enhanced data security.

Deep dives

The Problem of Centralized Data Storage

Cloud storage providers have become the dominant custodians of our data, leading to centralization and potential risks. A handful of companies, such as Amazon, Microsoft, and Google, control the majority of the world's data, creating single points of failure. This concentration of power not only puts our data at risk of loss or accidental removal, but also makes censorship easier. Governments can exert control over centralized data storage, leading to restricted access and potential manipulation of information.

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