/biz/ - Business & Finance

>>53051659
Decentralization only means nobody can change the protocol. it removes the power to change the monetary system.

If the protocol changes, it is not decentralized. I.e ponzi chain BTC. It keeps changing constantly by a small group of devs. That is centralized.

If the protocol is unchanging, it is decentralized. I.e. Bitcoin BSV. The same monetary protocol from 2009 and it will be the same protocol in 2040 and 2080, thanks to law and patents.

>>14425743
WRONG

>>14146489
Centralization is about the power to change the protocol. If somebody can change the protocol it is no longer decentralized. A rogue developer putting in checkpoints to override nakamoto consensus is centralization (BCH). A committee of developers putting in shit like segregated witness that does not belong in the bitcoin protocol is centralization (Blockstream).

Bitcon is not supposed to be a fucking democracy, or technocratic oligarchy. It's supposed to be an immutable MONETARY SYSTEM that is set in stone. If it can be changed by any group, it will fail. If you want to change it, make your own fucking coin and COMPETE.

>>14142379
An illusion.

>>14118877
Nope.

Craig wins.