Has Decentralization Become the Panacea?

[Doofus]

Bitcoin is not decentralized. It was designed to be decentralized at first but ASICS companies destroyed the idea. Satoshi wanted everybody with a PC to contribute to the POW system but after ASICS miners came, it became big companies' business. And there isn't even a competition left now. Bitmain killed every other company out there. So how is it decentralized?

You'll understand this when Wu's miners gang support of BU becomes >%50. Our only hope is the community now. If they choose the easy way and go after Wu, bitcoin will be another centralized piece of shit paypal copy.

since u mentioned Wu, some say he should be put in jail. He is been suspected of blocking segwit on purpose.

[Yakamoto]

Decentralization is likely going to end up as a meme if not properly implemented into the right industries. Decentralization is not a good thing for everyone and everything. While Bitcoin is showing that it is quite effective as a decentralized piece of financial technology, there are few applications outside of something like this (aside from management) where decentralization is a net-gain.

It has its applications, but it is not the end-all-be-all for everything.