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RE: LeoThread 2025-11-18 17-41

in LeoFinance6 days ago

Part 8/15:

A recurring theme is skepticism about Web3 and the crypto industry’s faith in decentralization and pure innovation. Several speakers criticize VCs like Andreessen Horowitz and others for promoting narratives that mask the underlying truth: many projects are motivated by profit, not genuine decentralization or technological breakthroughs.

The concept that "decentralization is a spectrum" is challenged sharply. Participants argue that the core value of decentralization is in decentralizing parts that matter—like mining and node operation—rather than every aspect, such as exchanges or platforms, which tend to be more centralized.