Why decentralization is so important for crypto?

[Muhammad Muneeb]

decentralization is the most important feature of cryptocurrency like you have listed and otherwise any government would control and track or tax the crypto transaction so what difference will it make from fiat? it will be not possible to regulate the decenteralized crypto

[Slava79]

     The question you gave really poked my curiosity...

Thank you, good to know my thinking finds response in other people's minds, so to speak )

You see what I mean, decentralization is just a tool selected by Satoshi to achieve independence from the government institutions. As for me, instead of "decentralization", which is just a tool, would be more correct to use "independence" word.

People need independent currency, not necessarily decentralized, isn't this assumption correct?

When Bitcoin whitepater  was published, Tor/Onion services were in their infancy, not really widely used. Who knows, would Nakamoto selected onion routing to achieve independence instead of decentralization otherwise?

Wouldn't such a currency be more independend then some of the DAG based currencies from the top 50?

[jacaf01]

I don't think people do valued decentralisation as people make it to be, new set of people entering the space are after profit, what people are after is money which Bitcoin has given most of the early adopters.

[ace9989]

Yes, decentralization is important for Bitcoin because the reasons you've listed.

Bitcoin could be easily taken down by governments if it wasn't decentralized, it's comparable to the torrent protocol in that way.

This doesn't mean that there isn't centralization within the Bitcoin ecosystem, most people choose to exchange Bitcoin for fiat and altcoins through centralized exchanges.
But as a user you're not forced to make use of any centralized infrastructure, you can easily just use the blockchain for p2p transactions.

Here's a pretty good article from Erik Voorhees about the matter:
https://bitcoinmagazine.com/articles/bitcoin-truly-decentralized-yes-important-1421967133/

THanks for this it helps me ill read the article later !:)

[chimcoin]

In addition to Bitcoin decentralization,   Bitcoin's most important features—and perhaps its true core innovation—is its decentralized structure. Bitcoin has no central control: no central repository of information, no central management, and, crucially, no central point of failure. Finally, it obvious that without decentralization, there will be no cryptocurrency.

[Slava79]

Finally, it obvious that without decentralization, there will be no cryptocurrency.

I agree, it seems so, but not necessarily true. If some reputable enough entity would be able to guarantee independence without decentralisation, wouldn't it count as a currency?