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New Era

New Era is a digital magazine on new media that is made by Burcu Kıcık, Muhammet Can Otsay and Yaren Altunkıran for the New Media Project (Digital Journalism) course at Beykent University.

New Era is a digital magazine on new media that is made by Burcu Kıcık, Muhammet Can Otsay and Yaren Altunkıran for the New Media Project (Digital Journalism) course at Beykent University.

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P A G E 1 4 | N E W E R A

M U H A M M E T C A N O T S A Y

Wikipedia has been described as decentralized, although technically

not exactly so. (Bruns, 2008, 80) On the other hand, Wikipedia cofounder

Larry Sanger argues that Wikipedia may not reflect the truth any

more. Larry Sanger, who is like one of the profiles I mentioned above,

suggests that as a solution to this problem, everyone who expresses an

opinion on the Internet should turn their home computers into servers

and publish their blogs on their own computers. Doing this is actually

simpler than it seems, Sanger says in an interview that with devices

called network attached storage (NAS), anyone can publish their own

blogs from their own computers at low costs. (UnHerd, 2021) In this case,

the freedom to publish your opinion is entirely in your hands.

At the same time, Redecentralize.org, founded by a group of volunteers,

is trying to decentralize the internet again. They are trying to spread

their ideas with their manifesto and decentralized alternative

applications they offer against centralized internet applications.

(Redecentralize.org, n.d.)

Another issue that has plagued Silicon Valley nerds has been fiat

currencies, which represent the fruits of their labor, and the national

central banks (perhaps even global) that manage them.

In 1971, the US Federal Reserve ended the practice of holding gold in

exchange for printed US dollars. With the end of this approach called

the gold standard, the Federal Reserve could now print as much money

as it wanted to control inflation and the value of money. An asset with

no limit is now managed (fiat money).

It was now only in the hands of a group of people to determine the

value of people's labor. In the 2007-2008 global financial crisis,

people's savings lost their value in a short time. After this incident,

internet nerds rebelliously came up with a solution. Bitcoin, a digital

currency running on blockchain infrastructure (decentralized). With 21

million in total, bitcoin is a currency that has a limit and is not managed

by a center, unlike fiat currencies. There is no need for a center like

banks to transfer this currency.

After the acquisition of Twitter by Elon Musk, some Twitter users left

Twitter and started using Mastodon, which is allegedly decentralized.

Decentralized internet nerds still continue to shape the internet and

society. These days, new projects are entering our lives every day. Let's

see where the battle between centralized and decentralized will take

us.

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