Decentralization is not only about how many people own or access something or their geographies, it is also about how control over the system is distributed.
#decentralization
Polina
polinakuzova@atomflow.ai
npub139mu...45uy
Building a decentralized and exciting world
Notes (11)
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#atomflow
nostr:note13j88uf4nmh9r8x3pyz8hkk6u0vr9k99w7n2cfhkdj8zpwfyn9l4skahgtr
Now the chipmakers and #AI guys are promoting high energy consumption as the future. More data centers and power plants need to be built 😀
#Bitcoin has its magical effect in the US
The world is much larger than the USA and Europe
#bitcoin is being made part of the conventional financial system and it's progressing aggressively. The narrative of being liberating and a threat to the financial system is long over. The narrative is different from reality for bitcoin and many other cryptocurrencies.
#crypto
Calling on the average #bitcoin holder to "fight" consolidation and network centralization by withdrawing from exchanges is a little strange. Self-custody is best but...
98.3% of addresses hold less than 1 BTC.
The market can be easily pushed around by large investors.
#crypto
We aim to make nostr:nprofile1qqsgpvllt02thkfefcakjfyfkhuu4jcpv0gvqq0a5749n3pzrl4fqyq2k9kcx Ely and Atum native currencies of the digital world to the benefit of all us
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#atomflow #crypto #ai #decentralization
A million secondary nodes on top of a handful of server farms is not a decentralized system.
#decentralization
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#ai #crypto #decentralization nostr:naddr1qvzqqqr4gupzpzfyg5au06vqyzds7dfhskry6axzpghttf5rl6a0lrf4wlrcrn3hqq2nv7nf94e8zknjfpv5cejptfq5yjj0x455xeeyrqd
Funny when people speak of the intrinsic value of #bitcoin on the down turn and of being the best asset on the up turn. It's a speculative asset since release. It's been a great one at that. It's not created out of thin air. Though, it doesn't represent economic output.
Summing up nostr:npub1szel7k75h0vnjn3mdyjgnd0eet9szc7scqqlmfa2t8zzy8l2jqgqf2l4zg decentralization point of view nicely
#atomflow #crypto #decentralization
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