giving them unprecedented control

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NewAmerica

Banned
Mandarin
Does "giving them unprecedented control" refer to "giving banks and governments of power unprecedented control"?

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Bitcoin was only the Beginning. machines that Broker trust without human intermediaries could fix the financial system’s biggest flaws, but they also raise unnerving questions. Are we ready for a world in which any asset— from currency to personal identity—can be traded and tracked in an indelible ledger? What if a technology designed to strip banks and governments of power ends up giving them unprecedented control?

Source: January 2018, Scientific American 25
 
  • Bongone

    Senior Member
    English - Australia
    You have slightly misunderstood the last sentence. I would paraphrase it this way: What if technology designed to take power away from banks and governments ends up giving them...

    To strip someone of power is to take that power away from them.
     

    NewAmerica

    Banned
    Mandarin
    Well, thank you. :)

    The question is: Does "giving them unprecedented control" refer to "giving banks and governments unprecedented control"?
     

    lingobingo

    Senior Member
    English - England
    That’s right. So the way to read it is: … a technology designed to strip {banks and governments} of power


    And yes, “them” refers back to banks and governments.
     
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