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Topic: Reliance on strange platforms could ruin Cryptocurrency (Read 48 times)

hero member
Activity: 728
Merit: 500
This is all right. But, unfortunately, it is not so easy to get rid of the influence of the government, for this it is necessary to rebuild absolutely everything in this world, starting with the world outlook of people
Ucy
sr. member
Activity: 2576
Merit: 401
The strange platforms are Centralized platforms. They are strange to our crypto World. Something needs to be done quickly else we are doomed.

ARTICLE:
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What do we really want from Cryptocurrency and Blockchain? Decentralized currencies/platforms?  Censorship resistant currencies/platforms? Private/Anonymous currencies/platforms? or all of the above?  What are we doing to prevent the abuse of the above features? What are major Stakeholders doing about the numerous Centralized Platforms popping up everyday to milk the Blockchain off valuable Coins? Aren't you aware that the power to destroy Bitcoin and other Cryptocurrencies is gradually moving to the hands of anti Crypto elites, Centralized entities and the "governments"?  We constantly worry about Mining Centralization but ignore this most dangerous form of Centralization happinening under our nose which is capable of destroying Cryptocurrency. Seems we have forgotten why Cryptocurrency was created in the first place by Satoshi Nakamoto ? Let me remind you incase you have forgotten:  He created Bitcoin during a serious financial crisis caused by government  He and his team created the cryptocurrency to be free from human errors and interventions. Bitcoin was basically created to be regulated by maths and computer codes and  be free from human errors or better still, Bitcoin was created to be self-regulated. Satoshi wanted a currency system built with Codes that follows strict and incorruptible rules considering the fact that humans don't consistently stick to rules — codes do. We break rules all the time.

By the way, why call it a decentralized Cryptocurrency if it is going to be regulated by humans? I see no reason why a government controlled currency should still be seen as being Decentralized . It is nothing but a mere PayPal in my opinion.

 This is applicable to ICOs. That sector needs to be self-regulate too. You don't expect the developers not to do the governments bidding after subjecting themselves to the so called Regulations. If we want a more honest ICOs environment, we then should put a regulatory mechanism (free of humans control) in place to self-regulate the ICOs.  Government needs to stay away from Cryptocurrency. Government haven't even regulated  other "regulated" fundraising services like Gofundme not to talk of regulating self-regulating Blockchains.
Popular Crypto personalities  aren't helping matters either. They spend most of their Crypto- time on Centralized platforms like Twitter, YouTube and reddit  promoting Decentralization and Cryptocurrency. isn't that funny? If they truly mean what they say, they should be more on:
* Steemit instead of Twitter.
* DTube instead of YouTube.
* Decentralized exchanges instead of Centralized ones.
* Status instead of Telegram.. ETC
This will certainly popularize the platforms, encourage the creators, help improve the platforms and Decentralization in general.

We need to wake up before it is too late. What makes Cryptocurrency beautiful and unique are being taken away before our very eyes. Wake up! Alot has been given to the elites/ "government" already.
Source: https://deeponion.org/community/threads/reliance-on-centralized-platforms-could-ruin-cryptocurrency.31890/
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