Decentralization theater matters because it reduces censorship-resistance, and also gives leverage to regulators or police enforcers to coerce developers into making changes, revealing information, or simply shutting the thing down. How can people trust that this can be a feasible infrastructure for the future of finance, how can institutions trust they can move trillions of dollars in the system, if it can be arbitrarily changed?
Related posts
-
Is crypto’s greatest crash around the corner? The threat of Tether’s (USDT) collapse
Could Tether’s USDT collapse trigger the greatest crypto crash ever? With mounting concerns and speculation, it’s... -
Binance CEO projects Bitcoin to surpass $80,000 by 2025; these cryptos may follow suit
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge
In the past week and a half, the crypto...