/biz/ - Business & Finance

>>52662503
BTC haters don't understand that the algorithmic creation of the currency is necessary, or you'll just end up with exact same situation the central banks brought us into. Using a utility (electricity) to build the network & create new coins is a great idea, it makes it decentralized. Lots of people forget that blockchain/tokens don't bring that security & the supply can be changed or moved to another coin as the project is centralized. This centralization is just leading us back to the central banks. ETH can & has removed transactions from the blockchain. How can it do that? Cause its controlled by a centralized group.

I hate central banks and I concur with you