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RE: This Is Why Cryptocurrency Is Vital
Crypto dudes don't care about people either, and that's why decentralization is so important.
Even so, we still must grind some edges that make decentralization still too centralized - Steem is a good example of a good and yet imperfect system... how to change it to the best eludes me though.
There are definitely scammers in the crypto world but they prey on individuals on one hand, and hackers trying to steal from the exchanges on the other hand. Gotta keep your keys close and protected!
As for decentralization, the relatively small number of witnesses for linking blocks to the steem chain concerns me. I wish there were more modes that could provide that service even if it’s not a mining issue like with bitcoin.
But the OP has it right - holding fiat is getting scary!
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