RE: Decentralised Isn't All That!
Whew, that was a bit more then I was expecting lol. Most people like to throw around terms like "decentralized" like parrots in the cryptoworld. Truth be told most people dont really have a clue what this technology is and cant fully grasp it. Nor can it be explained in a simple write up, and would take a above average person of intelligence weeks to fully begin to understand. Therefor creating a endless debate on it potential, or if its a bubble and blah blah blah.. Truth is its much more then people realize, and its just now in the making of evolving into what everyone was hoping years ago. I think you will find in the near future that many doors began opening up in many different aspects that arnt fully understood by most at the present time. The decentralized part is really just a bonus at this stage, creating opportunity for the world. Hang in there, cryptoland is just getting warmed up. Nice article tho, well thought out.
Have a read of some of my other articles mate; I'm a huge fan of the blockchain technology and decentralisation BUT only in certain industries. Social media, for example, has the potential to be MASSIVELY disrupted by their decentralised counterparts e.g. Steemit.
My point of the article though, is that many people seem to automatically assume decentralised is better just because it's decentralised. In many business areas, decentralisation may be a negative because it slows down the decision-making process so much; just look at how it took Bitcoin around a year to make a decision about scaling - regular businesses can't afford to react so slowly.
Don't get me wrong, I'm a huge fan of decentralisation in particular business sectors still :)