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Topic: DeFi redefines Decentralized 6 years later (Read 60 times)

Ucy
sr. member
Activity: 2576
Merit: 401
August 21, 2020, 02:25:31 AM
#1
Year 1: Researchers prove that decentralized system/network is actually safer and better than centralized system/network in world of uncertainty

Year 2:  DeFi become 90% centralized and dominate the Ethereum or its cryptocurrency space

Year 3: "Researchers" come to crypto space to learn what decentralization actually means

Year 4: Researchers finish work and write their own crypto dictionary

Year 5:  Banks declare themselves decentralized finance... refer governments to crypto dictionary for DeFi definition

Year 6:  Governments declare truely Decentralized System/Finance.. centralized finance (Cefi)/systems, refers aggrieved decentralized people/communities to cryptodictionary "true meaning" of Decentralized Finance and decentralized systems

Later in the future, they start accusing truely Decentralized Networks/systems of being centralized and unsafe.
Nobody honest/brave enough to prove to them that the decentralized networks/systems are actual what *decentralized* means(or are true representation of decentralized) , while those they call decentralized are true representation of Centralized.



Just thinking this ⏫ could happen. Don't know if it will.


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