socialism definitely isn't the solution but bitcoin isn't either. currency of any type cannot be decentralized. people don't see that now because bitcoin is still new; it's not the standard. but if it ever does become the standard everyone will eventually see that centralization will slowly but surely come about.
Login to reply
Replies (1)
Bitcoin is unequivocally a decentralized currency. I’m not arguing, but there is no doubt about this.
If it wasn’t, virtually every Nation State wouldn’t be creating their own, VERY Centralized currencies to counter it.
If Bitcoin wasn’t decentralized, the SEC wouldn’t be denying it an ETF while Wall Street embraces any number of shit-coins.
If Bitcoin wasn’t decentralized, it wouldn’t be infiltrating and becoming an adopted currency in collapsing nations.
We’ve never had a truly permissionless, in-corruptible money. In Human lifetime. We’re all fuzzy on how this matters and how it will play out.
But it is happening, and it’s incumbent on all of us to spend time to learn about Bitcoin, and how this will play out. We can’t afford to “fuck around and find out”.