"In a global economic crash Bitcoin may become even more important.
Bitcoin can be adapted to support larger amounts of transactions just be increasing the block size. The only reason it's not being increased is politics. It can be increased.
Bitcoin as it is now is not decentralized, that is a myth. Bitcoin is centralized because of chip makers who control the hashing power of the network. Asics centralize Bitcoin and the only way to decentralize it would be to randomize the hashing algorithm so that it's unpredictable and a monopoly cannot form."
Can anybody else confirm the above!
First, why don't you use 'Insert Quote' function
Second, it's just a view - that shouldn't be actually confirmed. It's not a forecast. However I agree that it's not decentralized now but I am not sure it is quite strong to handle with global crisis if it would happen.
Did I get it right with the 'Insert Quote' function!
Just testing...