By the way, I wonder how you will feel if

Question

By the way, I wonder how you will feel if

your country's economy is tied to another country's fundamentals. Aren't the countries supposed to be independent?
Hive and Bitcoin are very much independent of centralized influences. That is part of the reason they couldn't move Bitcoin price to 100,000. It was just to prove it to them that they are not really in control. Their followers were being deceived

#blockchain #cryptocurrency #english #hive

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19.09.2024

3 ответов

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Imman Автор вопроса

kanu ㅇ
I'm curious about your thoughts. Is it against dec...

It's definitely against decentralization as both companies are centralized. They could easily do things that are against the rights of users and principles of true cryptocurrency, like privacy violations, censoring transactions, lack of transparency, requiring users to trust them not to be evil, basically doing all manner of evil under the radar including wiping off information that aid investigation/verification, or altering records as it pleases them, etc. It's better not to rely on centralized companies long-term as a crypto user who values decentralization, integrity, honesty and freedom. There could be sudden policy change which can be unilateral or without prior consent of users, there could be rights violations and violations of true cryptocurrency ideals which help protect users and their assets/data and also help prevent companies from denying them services. Payments with cards and other means can be effectively done via decentralized Hive/crypto payment processors if we could get Hive companies, businesses, institutions, users etc to depend on one another, that is the interdependent economy we hope to create.

0

3 месяца назад

kanu ㅇ

Imman
It's definitely against decentralization as both c...

I see. Thank you for your good opinion. Your philosophy is great

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3 месяца назад

kanu ㅇ · Accepted Answer

kanu ㅇ

I'm curious about your thoughts. Is it against decentralization that coin payments are made on a common economic system like Visa or Mastercard? Or is it a process of decentralization?

0

3 месяца назад

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By the way, I wonder how you will feel if

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