Stop. Calling. Bitcoin. Decentralized.

in #bitcoin7 years ago

It's 2018 and I still don't get what all the hype is about, and I wonder how many people in tech think the same but choose to keep quiet about it.
The blockchain is exciting tech and has its fair share of applications, but they will take decades to materialize. Distributed ledgers are not going to replace governments, central banks or shake up industries,
and they are certainly not going to "give power back to the people", as some evangelists still hope.

Checkout this Article for Detail .

https://medium.com/@homakov/stop-calling-bitcoin-decentralized-cb703d69dc27

Sort:  

I agree, crpytocurrency has good potential uses, but I don't think it will ever destroy fiat. governments would never allow that.

Coin Marketplace

STEEM 0.17
TRX 0.17
JST 0.030
BTC 70638.27
ETH 2565.44
USDT 1.00
SBD 2.57