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It's not about eliminating centralization, it's about minimizing the fragility it causes in key areas. We minimize it by locating bottlenecks and finding soluti
by runeks 9y ago
It's not about eliminating centralization, it's about minimizing the fragility it causes in key areas. We minimize it by locating bottlenecks and finding solutions in these areas, not throwing our hands in the air unless we have 100% decentralization (assuming we even want that).
Sensible proponents of Bitcoin shouldn't argue that centralization is "wrong", but that monetary centralization creates perverse incentives, and that Bitcoin is a potential solution to this.