I even believe that 90-95% of crypto investors today don't care about decentralization or privacy as much as they claim. All they care about is profit, cheap transaction fees, nothing more, and they are just trying to deny that.
If people really care about decentralization, privacy, they won't use centralized exchanges and invest in altcoins. But look, the trading volume on CEX is many times larger than DEX, which shows that decentralization has never been our top priority.
I bet even if bitcoin loses its decentralization but it still increases in price and makes huge profits, people will still be happy with that. They will only really leave if bitcoin is no longer profitable.
If people really care about decentralization, privacy, they won't use centralized exchanges and invest in altcoins. But look, the trading volume on CEX is many times larger than DEX, which shows that decentralization has never been our top priority.
I bet even if bitcoin loses its decentralization but it still increases in price and makes huge profits, people will still be happy with that. They will only really leave if bitcoin is no longer profitable.
Only OG bitcoiners like myself know the true value of decentralization. The rest only care about making money. It's this reason why centralized coins like XRP and BNB have been rising all the way to the moon. While XRP will never overcome Bitcoin in terms of market cap (nor price), it will continue to be hyped by influencers and whales over the course of its lifetime. Be aware that the odds of survival for a centralized "shitcoin" is slim. XRP would most probably get hacked, experience a government crackdown, or even become obsolete as the company stops funding its development (due to bankruptcy).
If you want something that lasts, choose Bitcoin on top of XRP any day. Why do you think no coin has been able to "beat the King"? Because it's not about hype or making money, but rather utility, security, reliability, and decentralization. Time will prove bitcoiners right, as altcoins such as XRP and BNB face their demise. Just my two sats.
