Decentralization Is a Myth

it’s simply not possible, or at least not plausible.

Photo by Josh Hild on Unsplash

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…

--

--

--

Financial stability should be for everyone, and we are here for all things business, fiscal responsibility, personal growth, and building wealth.

Recommended from Medium

Is Bitcoin Unlimited an Attack on Bitcoin?

Avalanche

Gulden Monthly Recap February 2021

Acala Ecosystem Update — September 2021

The Future of China’s Blockchain Industry

CryptoBlades Kingdom — A Fun and Profitable Gaming Experience

Lanuna Finance Article

How Stable Are Stablecoins and Can They Reinvigorate the Post-Pandemic Remittances Market?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Caleb Naysmith

Caleb Naysmith

I am a Law School student, Army Officer, and I write about Startups and Equity Crowdfunding! Top Writer in VC, Investing, Innovation and Startups. 175,000 Views

More from Medium

The Day a Crypto Stablecoin Died

How To Make Money In Crypto: 10 Proven Tactics For Effective Cryptocurrency Investing

Crypto Investment

You Should Understand What DeFi Code Means

There is A Reckoning in The NFT Market