Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin not decentralized anymore?
by
DannyHamilton
on 17/06/2014, 20:41:07 UTC
I think we need to start be figuring out if you are concerned that newcomers don't know that it is safe, or if you yourself are concerned that it isn't safe.

Bro, me personally I am not worried.

Great!  Then there isn't a problem.  Lets not go trying to fix something that isn't broken.  Instead, lets work on educating others so that they won't be worried either.

However, every single person I have talked to about BTC seemed to be stuck to the "dangers" instead of the benefits.
The 51% attack being the biggets.

Then you should start explaining to them why you aren't worried.  Educate them.  If people don't understand something, then they fear it.  The solution isn't to change the system.  The solution is to educate people.

They even asked me: how is it decentralized if one entity can control it?

And you explained to them that one person can't control it, right?

WHat am I supposed to say?

The truth.

That having 51% doesn't allow them to steal your bitcoins.  That having 51% doesn't allow them to create more than 21 million bitcoins.  That having 51% doesn't allow them to change the size of the block reward.  That having 51% doesn't allow them to do very much that they couldn't already do with 49%.  Teach them.  Inform them.  Knowledge is the key to overcoming fear of the unknown.

The core-dev team is working on it?
Are they?

Working on what? I thought we just agreed that it isn't something to be afraid of.

That is an issue that if resolved - IT WILL - make BTC mainstream.

I agree.  A lack of knowledge and irrational fears needs to be resolved.  The resolution is education.