"Proof-of-work is essentially one-CPU-one-vote."
Satoshi nakamoto
First of all. Satoshi is smart enough to have come up with bitcoin. But let's not forget that Satoshi is, well,
human. Just like us! Stop looking at him/her/them as someone who is all-knowing and someone that doesn't make mistakes.
This people made me laugh, what do they think of Satoshi? a god? who is omniscient? Nakamoto is very clever for doing such a digital currency, we are having it right now but it has flaws coz there is nothing in this world created perfectly or to be perfect. There will and there will be imperfect things that can do the work and that made us human.
Also, again with the "mining is centralized" argument. Can you expound more on that so we would know how you came up with that conclusion? Sure it became more centralized due to it being harder to mine on personal computers due to ASICs, but calling it "completely centralized" is just pure bullcrap. Have you been listening to Peter Schiff or Nouriel Roubini?
I guess what he meant for centralized is some kind of group mining. He might listened or reading Peter Schiff shitty articles lol.