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> The crypto community has to ask themselves whether they want decentralization or money. They already decided a long time ago. I don't know how the decision c
by acjohnson55 5y ago
> The crypto community has to ask themselves whether they want decentralization or money.
They already decided a long time ago. I don't know how the decision could be made any more clear.
In case you don't get what I'm alluding to: money. They chose the money. They keep choosing the money. They are very likely to always choose the money.
Almost everything in the crypto world with any traction is based on accumulating and flipping assets, or extracting value from those who are.
I think there's a lot of true innovation out there, which may one day serve as the core of the economy. But I think there's almost a bifurcation between work done that furthers that goal and work that is involved in the speculative frenzy. The latter is the vast majority of what's going on. From my vantage point of some distance from the scene, I don't see much overlap.