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cheesypleb 1 month ago
The ONLY thing that makess bitcoin unique is decentralisation. There are a 1000 networks offering, cheap, quick, private transactions. All of these have/will fail due to centralisation. If everything else is compromised to ensure decentralisation in the long term then that's a compromise we have to make.

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Patently false. Bitcoin is extremely centralized due to custodial holdings, KYC chokepoints, centralized ASIC mining, HODL culture demonizing p2p cash usage, and a weak node running culture. Monero is easily one of the most decentralized cryptocurrencies due to ASIC resistant mining, broad delistings, and a strong culture of p2p utilization. You don't know this because you max out in Bitcoin maxi podcasts all day. Centralization isn't a number you can point to. It requires a holistic view of all the centralization forces, and Bitcoin is becoming extremely centralized in many of these areas.