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RE: From Decentralization Comes Freedom. Jeff Berwick on The Keiser Report [VIDEO]

in #cryptocurrency6 years ago

Thanks for sharing your thoughts as always @dollarvigilante.

From my point of view, there is a lot of debate over the legality of fundraising and the long-term success of platforms like Ethereum and EOS.

Blockchain technology and decentralisation are grossly inefficient, but the rewards can be great. It makes sense for Bitcoin, as a sound money that hedges against inflation and government monetary policy. However, with many other projects (as we see in many of the ICOs), the inefficiencies of decentralisation will make it very hard for those projects to compete with their centralised competitors (think Facebook and Google).

If you have time, listen to the last 15-20 minutes of this podcast and let me know what you think. 👍

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