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Re:Coinbase Wants to Be Too Big to Fail by TheSoftwareGuy on Thursday September 27, 2018 @04:30PM (#18088314)
But don't you lose the whole decentralized thing at that point?
Re:Coinbase Wants to Be Too Big to Fail by sparkie on Thursday September 27, 2018 @04:34PM (#18088347)
The decentralization is that anyone can participate, and anyone can be the bank. There is no authority and you do not need to ask permission. You do not require any large investment because the resources require to run the node are minimal, and you can even do it with some level of anonymity through the Tor network.