is:
jes we hate the poverty, inefficiency, gambling, the waste of ressources, centrism and arrogance of the national banking cartels.
satoshi wanted to reduce their influence with bitcoin, bitcoin isnt designed for more and its not great for more.
but why should competitive installation of computation power be the solution/replacement for that?
there will be countless pos encription services up running like waves. that will stay stable. and organisations will use.
regards
It is because the bitcoin network is designed that way. It is surely designed to reduce the influence of centralized banking cartels, but without the worldwide computing network installations, how bitcoin would have existed? Decentralization here effectively means that the network can't be controlled by a single entity, rather every single computer connected with the network, owns their fair share of the network based on the computing power they generate. No one can claim super control on the network. That's the main reason for the requirement of computer installation.
We are at a very nascent stage as of now and bitcoin has not yet reached the critical mass of adoption. There are few companies though offering POS services for bitcoin payment but there are a lot of legal limitations. So it is easier said than done!