ASICs are still necessary because they lead to more advancement in stronger asic-resistant coin. The problem...[Below]
ASICs could work if there is more competition in the market and no monopoly of single company. Another problem is there retail availabilty and pre mining which could be solved if competition increases. Intel only bought good processors for cheap when AMD bought them in the market first. Competition solves many problem and it is necessary for healthy working of capitalism.
As I've mentioned in previous posts: "IF" ASIC's could meet those [And other requirements I've mentioned in previous posts], I would be FINE with them." At this current time... It's a NO for me. Those criteria are not currently met and may never be. Time will tell.
Some see ASIC's as a necessary evil. "Necessary," because of "so-called" security of the network. "Evil," because of not meeting the requirements I have mentioned in several posts.
This falls pretty much into the same category as FREEDOM. In what way? If one decides they will give up some freedom for the sake of some security, they deserve and will get NEITHER!!! -
Similar to Benjamin Franklin's quote: "Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety."