Are we not abusing decentralization?

[olliecrypto]

regulation and decentralization seem like an odd mixture to me...
the closest thing to it is the BIP

[Treckmountaoin4day]

No matter how sad it is, but all good things in this world somehow pass through severe tests. Decentralization now often resembles the no-GMO label on food, a marketing tool

[Harris Stevens]

Everything comes with good and bad its how we use it that matters?so why should decentralization be any different.

[Genemind]

Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization.

no, they are being robbed and scammed because they chose a centralized place to put their decentralized bitcoin. in other words they got scammed the day they decided to leave their bitcoins on exchanges and not have control over their private keys. and this has nothing to do with decentralization!

Most bitcoin stolen from exchange were from centralized exchange. Culprits remained anonymous due to decentralization of bitcoin. People who are into illegal activities are surely enjoying this attribute. That is why some exchange are starting to comply with regulation and tightens their security with mandatory KYC.

[pinggoki]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

Well, in this kind of industry greedy people is everywhere yet stealing someone's money is inevitable here especially that this cryptocurrency is decentralize. As a matter of fact, even in centralized community it's still happening hence, all we need to do is too keep knowledgable all the time in order to prevent our money to be stolen. In every industry we embark on especially on the  presence of money or investment there will always be a people who will abuse their fellowmen.

[Sithara007]

Everything comes with good and bad its how we use it that matters?so why should decentralization be any different.

You have a point there. You can't blame Bitcoin or the decentralization for issues like dark market and ransomware. These were not the intended uses of Bitcoin and we should rather blame the individuals who use Bitcoin for these purposes. In case Bitcoin is not available, then these people will just shift to another medium for their criminal activities.

[jonas5222000]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

Greedy people are everywhere and we could‘nt blame them because it has a freedom to use infact we need to accept because not at all is perfect,decentralization now was getting broad in crypto because as i said it has a freedom to use and the things that handled by decentralization was depending on whoever uses it.

[Naida_BR]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

Regulation is not the solution to this problem.
Greedy people are and we need to eliminate them. Those greedy people will always be a problem and they will feed the scammers and those abusers of this decentralized ecosystem.
This liberal system is not at risk, but people who trust anyone who offers easy money makes the system at risk.

[bison]

Everything comes with good and bad its how we use it that matters?so why should decentralization be any different.

You have a point there. You can't blame Bitcoin or the decentralization for issues like dark market and ransomware. These were not the intended uses of Bitcoin and we should rather blame the individuals who use Bitcoin for these purposes. In case Bitcoin is not available, then these people will just shift to another medium for their criminal activities.

I think only bad people who use bitcoin as one of the crimes like what happened some time ago, the attack spreads through viruses that are spread through the internet and that is an action that makes bitcoin have a bad image among the people.

[TimeBits]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

No, keep everything decentralized as much as you can, if you google that word it`s description is not so good, so a better term is censuses of entire network.    

decentralize:
transfer (authority) from central to local government.
"Canada has one of the most decentralized governments in the world"
 move departments of (a large organization) away from a single administrative center to other locations, usually granting them some degree of autonomy.

Infact it should be a consensus of the entire network, a true democracy, not a representation of one like we have in Canada.

100 people in a gym and we elect Joe and Sally to be representatives for us.
Joe wants to play hockey in the gym
Sally wants to play basket ball in the gym
98 others want to play soccer in the gym but can`t because they voted people to vote for them

Why not just vote on the issues at hand? then 98% of the people will be happy playing soccer.

https://imgur.com/haz02ll
 

 

[TimeBits]

Why do you need daddy to wipe your bum bum still? I think we are big boys now.

https://www.youtube.com/watch?v=orGDoXo7xKA

[naufals4]

yes people will certainly not be satisfied with what he has other than that also with the decentralization increasingly makes hackers and others safer to steal data and cryptocurrency that you have. so we still have to be careful about sites that we visit especially those that are decentralized like that

[Romeoetin]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

Crypto billionaire have come to have such a hight amount of centralized influence and power over the decentralized space. They make anti-commnunity decisions. This defies the essence of having a decentralized space. Cz_binance recent delisting of BSV comes to mind. The crypto world is still heavily centralized.

[CryptoBry]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts comrades.

Decentralization without responsibility, accountability and good regulations can be an invitation for people with ill intentions to exploit the system for their own good to the detriment of the greater population. And we have seen this sadly especially last year when scam and failed projects exploded before the very eyes of the cryptocurrency community. This abuse has to stop otherwise the whole industry can be reduced into a big joke which can make its future somehow bleak affecting people who labored for this industry. I have been saying this all along: The whole industry has to be doing something concrete to address this problem.

[Micerker]

Cryptocurrency is becoming tough and becomes a battle for all investors. You have to be stronger, smarter than other investors to make a profit. Many of us have chosen to cheat to usurp Crypto from others. Many wealthy people take advantage of decentralization to speculate and control the market the way they want. Decentralization and anonymity are making the market badly manipulated.

[EXtremeAEX]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

Unfortunately, greed is one of the most widespread vices. All our life we ​​build primarily around money. They rule us. Of course, there are people who put other things above everything, but I think you will all agree that living without money in the modern world is almost impossible. Moreover, each of us wants not only to survive, but to have money for good things that will simplify our life, rest and entertainment.
In an ideal world, everyone could manage their own lives and their money - this is what Satoshi wanted. But in our reality, things are going differently.

[_Django05_]

Well, regulations are not bad for the Blockchain Industry and they don't affect the decentralization of many cryptocurrencies whatsoever. However, when there's too much regulation, it could be harmful for the growth of this industry in general.

Decentralization avoids the abuse of power from central authorities. All participants have equal power and can’t be forced by anyone else to do anything.
However, this comes at the cost of every participant taking on some responsibility themselves.

[KingScorpio]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

thats a great ideal bitcoin is designed like the perfec decentralisation ninja star but after that purpose its harmful, chinese urban centeres suffer massively from bitcoin ressource waste.

[Abiky]

Decentralization avoids the abuse of power from central authorities. All participants have equal power and can’t be forced by anyone else to do anything.
However, this comes at the cost of every participant taking on some responsibility themselves.

That's certainly true, mate. In the decentralized world, we're the ones responsible of making the Blockchain a better place. Whereas centralized systems the responsibility lies within the middleman or third party, they're much riskier than decentralized ones. Given how beneficial is the decentralized realm, most people tend to abuse it. But, it's important to be aware of the risks involved in decentralized systems to stay away from them as much as possible. Scammers, and thieves will always exist on both ends (either decentralized or centralized).

With proper education one could easily avoid the misbehavior of many individuals in this land of the wild west. Regulation is coming in slowly but surely, into the crypto space. Which means, that sooner or later things will be under control within crypto land. Just my thoughts

[TimeBits]

Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.

Catch a man a fish, you can feed him for a day.
Teach a man to fish, he can feed himself for life.

The less laws, The less regulation, The more people will be forced to take responsibility for their actions.

We don`t want wooden Pinocchio`s Forced to run around blindly getting pulled by our strings.
We want real men and woman Willing to run around with their eyes open.

http://justsomething.co/the-22-most-ridiculous-us-laws-still-in-effect-today-2/