• DessalinesA
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    5 years ago

    Centralization of money-related things IMO should be focused more on how that value is distributed, not how transactions are done.

    For example bitcoin is a “decentralized system”, yet I think <10 addresses hold like 70% of all bitcoin. Transactions can technically be done by any computer, and ironically value is even more concentrated than most currencies.

    • Rumblestiltskin
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      5 years ago

      So more like a system like Steem where tokens are constantly given to the users (workers) in the system providing value. Although Steem still has many issues I see still needing resolved. My point in mentioning is just that I see a lot of people disregarding the technology simply because Bitcoin was a capitalists wet dream when some current blockchains and potential future blockchains could create a system where there is a lot of balanced distribution while reducing the ability of someone to corrupt the system and take the value from it.