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If bitcoin/crypto was going to do something about centralisation, it would have by now. Bitcoin us a great idea, but it doesn't change anything about how we or
by Synaesthesia 4y ago
If bitcoin/crypto was going to do something about centralisation, it would have by now.
Bitcoin us a great idea, but it doesn't change anything about how we organise the economy, how we write contracts, the relationships between the powerful entities, and everything else. It just a really nifty financial concept.
I don't see how this is different.
- imapeopleperson 4y agoBitcoin doesn’t proactively disrupt centralization as much as it does so passively, by just existing. And arguably it has come a very far way by doing absolutely nothing other than that. Its functioning exactly as it’s supposed to while central banks and governments around the world try desperately to change things every which way. And Bitcoin will stay that way even things continue to change further (in likely a bad direction) Building something steady seems like a different and good bet to me