Embed Notice
HTML Code
Corresponding Notice
- Embed this notice@Eiregoat @Humpleupagus @Floydian_Psychology @sun I’m not much of an economist, but it seems to me like the problem stems primarily from centralizing the *authority* to create/issue wealth. I guess I just don’t understand what difference it makes whether or not a given cryptocurrency is “decentralized”, until said authority is in the hands of those cryptoholders. At present, until the current-ruling central bank decides otherwise, any given cryptocurrency is just another commodity. I can conceive of the possibility that a given cryptocurrency may some give its owners the ability to wrest such authority from the central bank, but I suspect it’s unlikely they’re just going to sit back and let that happen.