What are you not understanding? It's self explanatory.
I've noticed a trend with this guy over the last few dips where he is consistently wrong in predicting a massive drop...
then after he's wrong he says "oh n/m we're good"
![russ :russ: :russ:](https://www.thecoli.com/styles/default/xenforo/smilies/sabu.png)
What are you not understanding? It's self explanatory.
Decentralization does not mean mean coins are distributed evenly. That's not what decentralization is. It means no one person or group controls the network or it's rules. Such as with fiat where a central authority can just print more money and give it to bankers\big companies.Sometimes i feel Decentralization cannot work, because we are bred to be naturally greedy. Every coin 1 percent of people have 80 percent of the coins, it is just a rat race, just like fiat. This misbalance defeats the purpose of personal empowerment for finance and decentralization.
That's definitely not the case for every coin. Make sure you understand where you're putting your moneySometimes i feel Decentralization cannot work, because we are bred to be naturally greedy. Every coin 1 percent of people have 80 percent of the coins, it is just a rat race, just like fiat. This misbalance defeats the purpose of personal empowerment for finance and decentralization.
That's definitely not the case for every coin. Make sure you understand where you're putting your money
Decentralization will be great in certain scenarios like the transfer of money for example. Right now the systems are just inefficient. If I want to send money to family abroad, using a bank can get expensive with fees and is time-consuming having to wait 3-4 business days or some bs like that. I have to use some centralized intermediary like Western Union or deal with some bullshyt like PayPal who has the liberty to freeze your account whenever they want, asking you why are you sending/receiving this money. Decentralized peer to peer payments is going to be a very welcome means for transferring money in the future