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Well this is one simple reason why i don't recommend/hype up crypto anymore(or many other "decentralized" technologies). Anyone who has been in the space coul
by sebow 5y ago
Well this is one simple reason why i don't recommend/hype up crypto anymore(or many other "decentralized" technologies).
Anyone who has been in the space could have seen it from miles away.
If people want truly decentralized,secure and anonymous money, you have to work from bottom upwards, starting with an infrastructure that's not centralized: think mesh networks,and you build on top of that.The obvious trade-off is there: performance, usability,etc, but at that point the target audience is vastly different.
Software "decentralization" is ~pointless considering the fact that if a country(US) or in best-case scenario a couple countries decide that it's over, well it is over, because they can quite literally pull the plug.Arguably Starlink looks like the next best choice, which from other aspects is even worse.