The way I see it, there are two aspects to decentralization:
1. The network itself
2. The value of the network
As we all know, Bitcoin is decentralized when it comes to its network. However, when it comes to its value, we all know that there are large groups of people who own a very large chunk of the value of the network and, therefore, control its faith (to certain extent). It seems, furthermore, that in a decentralized network, it is inevitable to prevent this imbalance in regards to the network's value unless..
You start from a centralized position! See the paradox?
Topic: The decentralization paradox (Read 133 times)
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