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RE: They Will Try to Kill Bitcoin | Conspiracies Become Reality as Regulators Deny Signature Bank Acquirer From Accessing Crypto

in LeoFinancelast year

This is a more nuanced conversation than black and white.

Some level of central power structure is always necessary. I’d love to live in a utopia where it isn’t, but that just doesn’t exist and there isn’t a single example of it.

What is the most decentralized thing in the world at scale? Is it bitcoin? Is it the internet?

Even those have centralized power structure (node operators and ISPs). As I always say in the podcasts: decentralization is a spectrum. I have yet to see something 100% provably decentralized and functional.

I am pro decentralization but I am also a realist and don’t buy into false ideas of fully “for the people” institutions.

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That's too bad, because you lack the foresight to see beyond what has already been done and has failed every time. Make no mistake, just because you can exist comfortably enough for you, it's a long failed system.

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