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i heard from someone who has conversations with people at his level regularly at a thanksgiving party that bitcoin was dead not because the establishment wanted to kill it, but because they were coming out with their own. People underestimate the establishment entirely when it comes to this. Sure they may have laughed at us in the beginning and pushed crypto aside, but now that they have seen what's possible they are fully on board and will not let anything stop it from progressing to the point that we all want to be.

Unless they can decentralize it, it will fall flat on its face. That is the problem most of these coins face, they have trouble reaching bitcoin's level of decentralization, even if it's not perfect.

Wake up dude, its not 2012 anymore. only about 5% of the market gives a shit about decentralization.

Lol without decentralization what exactly is a blockchain good for? It's basically just a very inefficient and expensive database without it.

a centralized blockchain can still be public, and to an extent immutable. And tbh the immutable nature of crypto due to cost limitations does not affect players at the nation-state/super corp level.

because they were coming out with their own. People underestimate the establishment entirely when it comes to this.

I wrote a post on this topic recently. It will be decentralized under the name FEDCOIN...We can't make this stuff up...lol...

U.S. Government Joining Blockchain

Good observation.

Peace.

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