Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
generalizethis
on 25/11/2016, 04:10:00 UTC
If you look at them on an individual basis, of course none of them passes the decentralized test

The "of course" will be disproven.

I understand your point is you think competing altcoins is a form of decentralization. But if all of them are not decentralized, then no matter which one you switch to, then you've still got the same "light bulb" (from your analogy) in control.

The wealthy can spread their wealth around to all the important altcoins as well.

The problem isn't solved in your conceptualization. Sorry.

You're missing that setting the goal creates a net effect, it's no longer karate or boxing, it's mma. We aim for a perfection and achieve various degrees of success based on preferred taste--sooner or later, you will get there, or not, but all your negative energy helps Tongue