So let's agree to disagree. This is an industry with sociopaths. CZ is taking a stand on principle. Yes, that does conflict with some of the ideals of bitcoin, but like I said, Binance regularly delists coins for various reasons. There is no reason to take shots at Binance for this and to be silent when they delist coins due to low volume - that's also a centralized action.
All I am saying is taking a stand based on principle - as opposed to the pure passivity of decentralization - is not exactly so objectionable. I do not believe in robotic acquiescence acording to some predetermined principle. Arguably, the problem with hyper-decentralization is that it allows too many psychopaths to thrive - hence why humans evolved in a communal, centralized fashion and tendency.
What principle?
I don't agree with you but I'm more powerful so I will hurt you?
So you basically agree that an exchange should delist a coin, be it a shitcoin like btcsv just because he doesn't like the attitude of the team behind it. Shitcoin or not shitcoin, that thing is the 16th most traded coin, and will get delisted ..why?
Because somebody doesn't like CW?
I don't like him at all and I have never touched nor his coin not any other altcoins except for dumping my BCH but this is simply stupid.
What if next, he will say that he is concerned that the CIA is behind BTC and chooses to delist bitcoin, are you going to applaud his move again?
What is the difference between this guy threatening to delist coins and getting congratulations by the mob and Chavez nationalizing private business and houses in the applause of the angry mob?
Sorry but if we're replacing bank with exchanges run by this kind of people, then count me out.
I'm more comfortable with the former.
Oh....and nothing about the merit remark? Nothing?
I was wrong about the merit comment and can admit when I'm wrong - so you win that one.
I think there's murkiness with this topic, but I also don't think it's possible for the decentralized purity that some people want for a number of reasons. For example, Binance is known to freeze coins stolen by hackers - a lot of people are not opposed to that. In many ways the space is still centralized. Heck, this forum is centralized with arbitrary rules and moderators, and for me that's OK. On the other hand, I understand that Larimer and Ver have had bad experiences with governments overextending themselves, so I understand why they take their somewhat extreme philosophical approach. I just don't see one path here that is
objectively right.
I think we will eventually have decentralized exchanges that will prevent what Binance is threatening to do - as well as delist and freeze stolen assets. The question is - will these exchanges be
absolutely good? We have laws and need regulations because there are abuses in the system. Where the middle ground is people will still disagree - but usually a compromise is found. But again, totally decentralized exchanges and virtual realities will come to fruition eventually. I don't think Binance has ever pretended to be decentralized.
The reality is, fraud and theft are rampant in this industry. This is partly due to the Wild West nature of it with regulations that are archaic and
lacking. So I see this problem as a puzzle where pieces have to be put into place, and we're going to always disagree on the setup. But anyway, there will always be jurisdictions out there more suited to individual biases.
To sum it up, yeah, I think CW is an asshole, and I don't care if his coin gets shitcanned. Does it violate some core principle among bitcoiners? Yes. But I'm just going to shrug my shoulders on this one. I am not a purist.