Quote from: adap-tek on December 29, 2017, 07:40:49 PM

Quote from: mcfit84 on December 29, 2017, 07:27:58 PM

If people are getting greedy, the bangster will win.

Everybody lost the thought of Satoshi.
In 2008 the USA and the EU printed trillions of dollars and euros to stabilize the financial market.
The basic idea was to limit the amount of money.

This can only be done by decentralization. Decentralization means not the decentralization of network. It means that not only one party or one government or the bangsters central bank can switch of the currency. It needs the majority of the community.

This is Bitcoin.
This is Ethereum.

But this is certainly not Ripple.

Unfortunately, there is a concentration of power in bitcoin and in any system. These actors then have the ability to undermine the system. I'm not sure that human nature allows for fully decentralised systems. Thoughts?

This is one of the most intelligent posts I have read. I would rather know who has the power than be in the dark, as is the case with bitcoin.