Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
Minotaur26
on 13/05/2015, 16:27:45 UTC


So the trolls have evolved to setting up new accounts to avoid the ignore trolls campaign.

 Grin

Yeah I was tempted to answer and then thought it was better to continue with the ignore troll policy. It is amazing though, how some people in crypto like to throw the term decentralized around and apply it to everything like some sort of mantra. I think is the inability to distinguish between:

- Technical decentralization = having nodes running independently from different locations, servers, IPs, jurisdictions etc.  

- Decentralized governance, having people with different backgrounds, in different locations and that don't even know each other in real life make coordinated decisions based on a bond of trust they establish with the network and vote accordingly to the level of risk they are taking. Is a decentralized stake holders assembly where the stake holders don't even have to know each other and that anyone can participate in if they want to without any sort of previous approval. It is really cool but it has nothing to do with everyone having the same level of investment capabilities.

- Who said anything about a market being a democracy? A free market also means that if you have a lot of capital to invest you can do it. Crypto is not and should not be some sort of socialist well-fare system. It is a vehicle to have a free and independent economy where anyone can participate proportionally to their investment and risk taking capacity, without borders.