/biz/ - Business & Finance

>>11730930
>Tell me why decentralization is a good thing
Centralization creates a central point of failure. If they get robbed everybody gets robbed. If they make a poor decision, everybody made a poor decision. If they're corrupt, then everybody's corrupt.

Under a decentralized system, the consequences of those problems are more isolated.

Let's say the chinks shut down Bitcoin's largest mining pools. That's just fine. Other miners from around the world will take their place and the network will live on.

>why does we want cryptocurrency value to increase over time, when now USD is decreasing in value over time?

Sick gains encourage adoption, faggot. This is the first revolution that makes everybody rich, rather than dead. If you join the winning team, you'll be wealthy. If you stay with the losing team, you'll be poor.

>>11122030
The Rothschild Family isn't the only puppet master. Just one of many that control the oligarchy. The Koch Brothers, Jeff Bezos, Soros and Henry Kissinger are more influential than the Rothschild Family these days. Hell, the Saudi Royal Family is currently just as powerful today as the Rothschild Family was in their peak.

They would appear to be splitting a vast fortune among dozens of heirs scattered around the world. So their power has been effectively decentralized. Achieving a consensus among the whole lot of them is like congress reaching a strong enough consensus to change the constitution.

Meanwhile, the Koch brothers work together for a single agenda. As do the Saudis. As does Jeff Bezos. As do the Bushes. And now the Trump aristocracy.

https://youtu.be/zL7uTBZWnoA?t=14m48