How far are we from real decentralization?

[enhu]

It may take a long discussion till we see real world decentralization in stock market but we have been seeing BTC on FOREX and NASDAQ which we can now consider BTC is accepted investment. A long discussions for Financial Regulations and law and then SEC which had been delaying everything but once finalize I think it can happen faster. There are projects/platforms that will tokenize businesses/companies in stockmarket and probably even those in DOW, I guess they can use the platform if there really is a plan to make stock market decentralize.

[Nasonn]

We are still very far from decentralisation but gradually we will get there. Decentralised is spreading at a reasonable pace and many new actors are getting into the space. In ten years time we would have gotten more closer than we are today.

[uneng]

The same goes for stock market. Why is it not decentralized yet, allowing people to exchange stocks without the interference of exchanges?

I think it might not happen. One reason is that an exchange is a good platform where there is high volumes of coins and security assured, another reason is that exchanges can be the eyes of a country's government to check how the trades and transactions are being done, so if there is anything suspicious they whisper the government to invesgate further.

Without interference of exchanges it would be a p2p market: it's risker to deal and it difficults the high volume transactions as the money will be fragmented. In addition it's hard for authorities to investigate frauds.

[maldini]

The real decentralization is in the usage as long as bitcoin holders can spend the bitcoin at the time they want that is the freedom and haven gain but the financial freedom and giving us the secondary currency which is without border restrictions.

Yup, I think that's the main thing, the real freedom is when we have what Fiat doesn't have and Bitcoin has it that is decentralized and this is real evidence that is felt. There are no taxes, low fees, and much more. It's as if someone who holds it has full, this is real decentralization

[kamBlanV]

the government limits the spread of BTC, so we only see decentralized that are not real.  do you know the DNS component?  such as DNS resolver, recursive DNS, and authoritative DNS.  we will see real decentralized when the government makes regulations about crypto.

[jak3]

Ok, first of all, there are decentralized DNS available in the market you can go and buy them. And secondly not everything can be decentralized at this point the main thing is if we can remove the banking systems and can put the Bitcoin or any altcoin payment methods in a country that will be that true decentralization in a country.but for this type of massive adoption we need at least 30% of the country's population to be interested in Bitcoin usage. and doing this will result in the complete collapse of banks and maybe it will be the welcoming part of cryptocurrencies.

[CryptoBry]

It may take a long discussion till we see real world decentralization in stock market but we have been seeing BTC on FOREX and NASDAQ which we can now consider BTC is accepted investment. A long discussions for Financial Regulations and law and then SEC which had been delaying everything but once finalize I think it can happen faster. There are projects/platforms that will tokenize businesses/companies in stockmarket and probably even those in DOW, I guess they can use the platform if there really is a plan to make stock market decentralize.

This can, of course, take time because there is no magic bean here. There are many factors that have to be consider first before we can go full blast with decentralization and with the weaknesses of human nature we don\t want this to be abused so we should take one step at a time to make sure that at the right time everything can be all ready.