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RE: The greater picture of why government will encourage the innovation of cryptocurrency and decentralization.

in #life6 years ago

One of the misunderstood terms since Bitcoin was invented was "centralization" and "decentralization"

Both words come in varying level of degrees, and everyone has their own personal definition of what they should mean.

Perhaps we need better terms.. that are more descriptive.

As long as we're all on, one-planet, earth, everything is centralized, isn't it?

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That is a good point - some have radical definitions of it while others like me are more flexible towards it.

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