Quote from: levyashin on February 16, 2019, 06:22:46 AM

Actually, we are not abusing decentralization, we are abusing the concept of it. For somethings, there is no need for decentralization.

Exactly. Decentralization is not an All-in-one solution for everything. Sometimes, centralization is needed to make things work as it should. I believe that the term "decentralized" has been greatly overhyped and abused, especially by startups and companies. This is true because, nearly every new cryptocurrency or blockchain project uses the "decentralized" concept to attract users to them. For example, Ripple claims that XRP is decentralized when in fact, it is not.

On the other side of things, we've been abusing decentralization by creating too many forks out of Bitcoin that are not necessary. Therefore, in some sort of way, we've been abusing decentralization for quite some time.

Quote from: Godric-Gryffindor on February 16, 2019, 08:38:52 AM

It is worth noting that it is not because of the anonymity and decentralization approach of bitcoin that we more likely to experience scam and robbery, we can get scam without using such service anytime. It is the primary responsibility of the virtual currency owner to protect his or her fund to the best of his or her ability.

It is also good to mention that as much as I like to believe that you are in good terms with bitcoin's decentralization approach, at the last part you like to put some level of regulation, which means you wanted to employ a trusted third-participation to IDK, to limit the possibility of scam? Again it is the primary responsibility of the owner to protect his or her fund.

Yes. You can't blame decentralization on something that's your responsibility. Being decentralized means being free. Because of this, there are many risks involved that one needs to have in mind. Of course, scams and hacks or theft are all over the place. However, following the right guidelines could make you nearly invulnerable to such caveats. Despite this, decentralization has been largely abused as scammers have taken the opportunity to affect other crypto users. Just my thoughts Grin