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Decentralization is not self-evidently valuable. It's a property of a system that has pros and cons, and the cons are significant.
by preseinger 5y ago
Decentralization is not self-evidently valuable. It's a property of a system that has pros and cons, and the cons are significant.
- serverholic 5y agoThe cons of centralization are significant. The decentralization narrative spawned because the world has become increasingly centralized. It's a balancing force.
- preseinger 5y agoSure, both centralization and decentralization have pros and cons. But the momentum driving web3 and crypto isn't some societal push-back against the common enemy of the centralized internet, it's almost entirely a product of venture capital seeking ROI.
- maybelsyrup 5y ago> it's almost entirely a product of venture capital seeking ROI. This is a generous description for what's basically AmWay but less useful. Agree w/ your point.