Bitcoin, a decentralized something, is the 10th largest global market cap asset - $855b. Gold is#1 at $13T. Mortgage backed securities are $11t, for reference.

Bitcoin, a decentralized something, is the 10th largest global market cap asset - $855b. Gold is#1 at $13T. Mortgage backed securities are $11t, for reference. That to me is working at scale, and all the “what ifs” you’re referencing have happened to Bitcoin, but it is still around since 2009. Edit, as someone else commented - we are also all talking via the internet, at its core a decentralized technology of combined infrastructure, routing protocols, and DNS tracking. The presence or involvement of centralized entities doesn’t count against that fact.