Post
Topic
Board Beginners & Help
Re: As a newbie I think decentralise poses more threat to investors, correct me if w
by
Lucius
on 06/11/2022, 14:34:42 UTC
We all want decentralise but it deals more damage to investors than centralise, the only thing decentralise does better is freedom but that freedom is also a huge weak point.

Maybe you are under some specific influence of some projects that ended badly, but the vast majority of projects in the world of crypto currencies are centralized and that is exactly the biggest problem. If we take the example of Terra/Luna, tell me how centralized is better, or how is it better for one person to decide that POS is better than POW and steer the whole project in that direction?

I don't know what you see as the problem of Bitcoin decentralization and what exactly causes the damage you are talking about? Centralization is the real problem, because if one or two people decide on everything, are all those who participate in that project just pawns that someone can move around as they please?