Topic: Has Decentralization Become the Panacea? - page 2. (Read 12803 times)
Decentralization has indeed a very fashionable idea and this is affecting not just the cryptocurrency industry but also aspects of our culture. We all know that decentralization can have many advantages but it does not mean that it has no disadvantages as there is no such a thing that can solve all the things that ill humanity since the beginning of time. The creation of empire in the past was a form of centralization and when locals started their own rebellion and then got their own form of government that can mean detaching from centralization and adopting decentralization. The idea of decentralization is not so new, after all.
A chinese economist recently said that" Thanks to the growing popularity of Bitcoin,the word decentralization has become the latest fashion in almost all sectors. One will simply say "it's not decentralized" to reject a project. But can decentralization guarantee success? Or have you ever seen a country truly favors decentralization? http://news.8btc.com/has-decentralization-become-the-panacea
Plus, he said unless the meaning of money is redefined, otherwise the fate of Bitcoin will remain as it is for life——an investment product。
Plus, he said unless the meaning of money is redefined, otherwise the fate of Bitcoin will remain as it is for life——an investment product。
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