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Topic: How would you describe decentralization as concisely as possible? - page 3. (Read 561 times)

member
Activity: 210
Merit: 26
High fees = low BTC price
I would just say

"decentralization" is not using "off-block" mini banking nodes and calling them "Lightning Hubs" because not everyone is fooled

So called "decentralization" lead to miners ripping us off for $55 per transaction but now these scammers are being ran out of town
and you can pick up mining rigs for free
https://www.zerohedge.com/news/2018-11-20/whats-happening-now-crypto-devastation-collapses-hash-rate-forces-miners-dump-rigs

They make fantastic space heaters they do.
jr. member
Activity: 48
Merit: 35
When introducing new people to cryptocurrency.. how do you explain decentralization to them? Why is it important?
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