I think you’re confusing decentralization with either private or censorship resistance.
A system’s decentralization does not hinge on its opaqueness
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I’m not.
BTC’s algo can be decentralized, which allows for our trust in PoW.
But if that decentralization doesn’t extend to privacy, and every transaction can be tracked, where you know the government will track it and send men with guns to your house if you don’t pay them, then it’s simply decentralized PoW and centralized PoC (point of control).