RE: Crypto Why Decentralisation Is The Decent Thing To Choose

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Crypto Why Decentralisation Is The Decent Thing To Choose

in cryptocurrency •  7 years ago 

Centralization is actually a threat to cryptocurrency. I wrote about it a few days back. Being able to bank without a bank is powerful. The #1 Taxi company, Uber, owns zero cabs. The #1 retailers, Amazon and Ali Baba, own zero stores. The #1 hotelier, Air B-n-B, owns zero real estate. We can do this with the banks, but there will most likely be moves to suppress by big actors.

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Having a fair system of wealth distribution is hopefully one of the things that decentralisation can help achieve. The current system rewards the few and penalizes the many, not good, not fair, and hopefully not going to be around much longer