May 15
8 min read
Decentralization Is a Myth
it’s simply not possible, or at least not plausible.
One of the most touted selling points of Crypto has always been this grandiose idea of decentralization. Bitcoin first arose in 2009 after the housing crisis and subsequent crash that came with it. Bitcoin aimed to solve this supposed issue of centralization. Nobody ‘owns’ Bitcoin in theory, so the idea then goes that it won’t be…
