Re:EU plans to make Bitcoin transfers more traceable
by Trias11 on Tuesday July 20, 2021 @05:20PM
(#27899521)
Lots of crypto projects are commercial businesses and this certainly creates conflict of interest toward monetizing and centralization.
However there are more and more truly decentralization projects. Anything that doesn't do KYC when related to crypto trading/exchanging - have to be
Re:EU plans to make Bitcoin transfers more traceable
by csomar on Wednesday July 21, 2021 @03:58PM
(#27911306)
99% of crypto ventures are pump-and-dump schemes. Centralized crap pays better in the short term and that's what these projects are after: a quick pump.
Don't focus on the short-term if you want to make serious money or learn a technology that will stick around.
Apart from that, check crypto trends and quickly you will notice that they are very few projects that care about it in any real way. Every major crypto now effectively all about centralization, not the opposite. For different reasons than the central banks, naturally. Still, the trends are hard to ignore.
Otherwise, we would already have crypto outright banned or fully decentralized by now.