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Absolutely right. People care about Bitcoin because it's the get-rich-quick meme du jour. Most people couldn't care less about decentralization.
by gregschlom 5y ago
Absolutely right. People care about Bitcoin because it's the get-rich-quick meme du jour. Most people couldn't care less about decentralization.
- wpietri 5y agoFor sure. Two easy checks on this: 1) Are other decentralized things seeing major adoption? 2) Does a cryptowhatever or blockchainwhatever hype target have to actually be decentralized? Or can it just talk about decentralization and carry on?
- deleted 5y ago[deleted]
- fleddr 5y agoBoth statements are not mutually exclusive. I would agree most Bitcoin holders hold it only for financial returns, yet one of the core tenets of it likely/possibly going up in value is the decentralization itself, which enforces scarcity.