Quote from: iamnotback on June 15, 2016, 06:06:43 AM

Quote from: jesuslovesyou on June 15, 2016, 03:37:23 AM

btc would be worth nothing if it wasn't decentralised. I have no idea why a distributed network should have any value at all.
If it's not decentral it doesn't have any more value than a facebook-token.

Bitcoin is not decentralized, as it is controlled by the Chinese mining cartel + Blockstream.

Yet Bitcoin has value.

Fiat money is not decentralized, yet it has value.

I would say it's still decentral but there is a trend to less decentralisation, that is true. Sadly that's an issue not many seem to care about.
It was even suggested to raise the blocksize when it was clear that would lead to even faster centralisation.

But pointing at btc and saying "it is less and less decentral therefore it's ok when we're selling central tokens now" instead of saying "we need to find a solution to keep coins decentral" is just extremely dumb.
If it was like that i'd leave crypto immediately andmany others too when the word got around.

All you people seem to take this coins-game for granted. It is not. If you fuck up these very fundamental things people will stop putting money into it.