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RE: CryptoCurrencies are NOT Decentralized!

in #bitcoin7 years ago

It is all centralized in one way most coin fev team hold enough to cash out and be rich.
if internet goes down it is centralized. most cpin have a few 5-10 people working on the code they again make it centralized.

so pretty much as a whole most things will always be centralized in most the world for our life time anyway.

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Well at least they are transparent, that is already a huge leap ahead from closed-source software.

So the open source revolution is already a big leap ahead, plus there are many other benefits, so there are positive things too.

There is huge benefits to crypto just not wuite the centralized part fully yet