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RE: My Current Micro/Macro Thoughts On The Market

in #bitcoin7 years ago (edited)

Decentralization is the natural order of things.

Centralization is artificial. It requires tremendous energy to maintain. Endless vigilance, resources, manipulation, coercion, and outright use of force must be brought to bear in order to keep it going, but it's the only viable option for those who wish to profit at the expense of others.

Real decentralization means that we're at each others' mercy, or at least accountable to each other in real ways. But it also means that we're empowered, as individuals and as communities. It works this way to the degree that it doesn't get hijacked. And those with enough money to do so will always hijack.

Decentralization means INTERdependence. Which, to those who wish to profit at the expense of others, means loss of control. A more nearly level playing field. It's what they fear most. Which is why I don't think that crypto will be allowed to survive unless they're able to make it their own. To make it work for them. Which, yes, is probably what's happening right now.

They've been playing this same game forever. Continual consolidation of real assets. Through boom and bust, among other strategies :/

I agree about Steemit. I'm going to continue to invest time and money into it, and continue to power up. As a creative, I see Steemit, and blockchain in general, as crucial. The value of the platform is not dependent solely on the value of the currency. We need a viable alternative and to me, so far, Steemit is it.

#snappluscomment

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Well said. Esp the second paragraph.

Thanks :)

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