The Bitcoin Community & Decentralization - page 2.

RealBitcoin

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Quote from: richardsNY on December 25, 2016, 11:18:25 AM

The lack of knowledge is a very dangerous thing as these people are exactly the group of people that are easy targets for poisonous initiatives planning to coup Bitcoin as was the plan of various alternatives such as XT, Unlimited, classic, etc. But then again, why would these people care as they are here only for profits...

Because what do you think will happen if the Unlimited or Classic guys get their way? The price will probably drop a lot, since the whole consensus mechanism will be questioned, and Bitcoin's stability will be shaken.

People now believe that Bitcoin is decentralized, but if they get their way, that will prove that it isn't and in fact it can be less trusted than a central bank coin, because atleast a central bank is somewhat transparent, while these people are not.

Like most alt developers are anonymous, how can you trust these people?

Yakamoto

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Quote from: OmegaStarScream on December 25, 2016, 10:55:39 AM

There is something that I really can't understand and I want to get your thoughts about it.

It looks like for some reasons , the bitcoin community don't care about decentralization at all. I mean , If we check the forums we will see how they say they want to use decentralized websites to exchanges etc... but the truth is that no one does.
OpenBazaar which is supposed to be a decentralized marketplace is almost used by no one compared to the bitcoin userbase and this is valid for Bitsquare.io as well.
In the meanwhile , we see a lot of people providing their real infos to the exchanges just like that.. So what's wrong here?

I personally think a lot of it comes down to the decentralized platforms not working in similar ways to the existing services or not providing the same protections or whatever that other conventional do. While it is a good idea, a lot of these other websites simply never get a community because the users are off doing something else on another site they already use. Their market share isn't large enough.

Bit_Happy

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A Great Time to Start Something!

Quote from: OmegaStarScream on December 25, 2016, 10:55:39 AM

There is something that I really can't understand and I want to get your thoughts about it.

It looks like for some reasons , the bitcoin community don't care about decentralization at all. I mean , If we check the forums we will see how they say they want to use decentralized websites to exchanges etc... but the truth is that no one does.
OpenBazaar which is supposed to be a decentralized marketplace is almost used by no one compared to the bitcoin userbase and this is valid for Bitsquare.io as well.
In the meanwhile , we see a lot of people providing their real infos to the exchanges just like that.. So what's wrong here?

Many people do not bother to go beyond their current comfort zone:
Is OpenBazaar easy to set-up and use?

richardsNY

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Quote from: RealBitcoin on December 25, 2016, 11:11:39 AM

Quote from: richardsNY on December 25, 2016, 11:08:42 AM

Decentralization is something that the majority of the people here don't care about. I doubt some even know what it really means. People here just care about the price that shoots up so their signature campaign earnings will be more rewarding. The hunger/greed for earning and making profits easily outnumbers the minority of people truly caring about the technicial aspects and benefits of Bitcoin.

It's profit & safety that people care about.

Efficiency = centralization.

If the miners are trustable, and reputable, then most people dont care about them if they do their job correctly. But if they were to get out of line, and cause some serious troubles like a 51% hardfork, or some shenanigans with BTC Unlimited, then most people would be concerned.

Although I doubt most people even understand the issue and concepts. People are usually too dumb to understand technicalities.

The lack of knowledge is a very dangerous thing as these people are exactly the group of people that are easy targets for poisonous initiatives planning to coup Bitcoin as was the plan of various alternatives such as XT, Unlimited, classic, etc. But then again, why would these people care as they are here only for profits...

unamis76

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This is something that will either change in due time or we'll die still not understanding it. This is a "to each his own" situation for both scenarios (selling coins/goods or mining). We all have to do our part.

Regarding selling, I'm not much of a seller and I don't ship abroad so I use a national website to list my items... And I don't give out my personal data to the website, only to whoever asks for my items. I'd definitely use openbazaar if I had people from my country there or if I shipped abroad.

We'll see, only the future will tell. I think these services will be adopted more and more. As for exchanges, since there will always be a premium on localbitcoins and personal meetings, they'll always have their business...

RealBitcoin

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Quote from: richardsNY on December 25, 2016, 11:08:42 AM

Decentralization is something that the majority of the people here don't care about. I doubt some even know what it really means. People here just care about the price that shoots up so their signature campaign earnings will be more rewarding. The hunger/greed for earning and making profits easily outnumbers the minority of people truly caring about the technicial aspects and benefits of Bitcoin.

It's profit & safety that people care about.

Efficiency = centralization.

If the miners are trustable, and reputable, then most people dont care about them if they do their job correctly. But if they were to get out of line, and cause some serious troubles like a 51% hardfork, or some shenanigans with BTC Unlimited, then most people would be concerned.

Although I doubt most people even understand the issue and concepts. People are usually too dumb to understand technicalities.

richardsNY

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Decentralization is something that the majority of the people here don't care about. I doubt some even know what it really means. People here just care about the price that shoots up so their signature campaign earnings will be more rewarding. The hunger/greed for earning and making profits easily outnumbers the minority of people truly caring about the technicial aspects and benefits of Bitcoin.

RealBitcoin

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Of course nobody does.

I have been warning people about mining centralization for almost 1 year now, but nobody cares...

https://bitcointalksearch.org/topic/the-extreme-flaws-of-bitcoin-1697411

Everyone just talks but nobody does anything.

Besides the mining is efficient now, it is centralized, because centralization = efficiency.

What can you do about centralization? How do you break up monopolies?

OmegaStarScream

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There is something that I really can't understand and I want to get your thoughts about it.

It looks like for some reasons , the bitcoin community don't care about decentralization at all. I mean , If we check the forums we will see how they say they want to use decentralized websites to exchanges etc... but the truth is that no one does.
OpenBazaar which is supposed to be a decentralized marketplace is almost used by no one compared to the bitcoin userbase and this is valid for Bitsquare.io as well.
In the meanwhile , we see a lot of people providing their real infos to the exchanges just like that.. So what's wrong here?

Topic: The Bitcoin Community & Decentralization - page 2. (Read 1284 times)