/biz/ - Business & Finance

>>30022079

>>29360329
>- The whole Algo economy (rewards, fees, incentives) is managed by one organization. This is nothing different from the FED that all you hypocrite Algochads so like to hate on and basically defeats the whole purpose of cryptocurrency.

You're probably trading coins on a well regulated centralized exchange that has your DNA, license, your mothers maiden name, your entire social media profile, tax information, social security information, everything about you and your life, probably two step laws with the NDAA which gives permission to surveil the taxes of your entire family and friends an their friends. You'd probably actually have a hard time getting any of these coins without using some sort of centralized exchange and wallet.

The entire crypto community does not give a fuck about this, they decided they didn't long ago when they decided everyone needs to be in a centralized pool to mine, when they decided that centralized exchanges hold all of the coins. When they decided they would hold their money in coins that were insecure, not private, and well regulated by exactly what they were designed to be impervious too.

Nobody cares. All they want is money, they don't want technology they want pure investment and care about nothing else. The fact that this backed by large colleges and finance is absolutely fantastic news to the 99% of people who couldn't give a fuck about the new tech it brings. Plus the freedom to move coins in and out of exchanges and wallets extremely quickly for near zero is true decentralization that other coins cant achieve and that's why there's this old clapped out FUD while Algo is still in its infancy.

I hope you're not being retarded on purpose.