Re:Web3 is centralized
by Blackstone4 on Sunday January 02, 2022 @12:46PM
(#29771232)
It’s funny, when I see critics of crypto currencies, there’s always one crypto currency which solves that particular problem. Crypto advocates always seem to have another argument in their toolkit. If you put forwards an economic argument against, they will rave about the technical benefits. If you bring technical arguments, they will shout about the economic benefits or how this currencies over here solves that problem. Quite magical and convenient to be honest. Circular arguments similar to debating the existence of God…
This is simply the result of arguing with a group instead of an individual. Once refuted, the person you were speaking to does not change their mind, at least not publicly. They fade into the crowd like Homer into that hedge and another person steps up to "whatabout" something new. The group will switch around its voting to ensure this. A group cannot admit it was wrong. This functionally happens only by membership in that group dwindling, likely as it gets more argumentative.
> which is feeless and has nearly no delay to transfer
You clearly misunderstood the OP. They’re talking about the fees to convert fiat to XYZ crypto. Where can you buy NANO with fiat & zero overhead?
Honestly I've stepped back from the entire crypto space for a while now, the whole space pisses me off, it's all hype and no progress. Or rather, the work that was needed to be done has now been done (feeless, near instantaneous, anonymous, and consensus based transfers of money) is now possible, and yet I still hear the screams about bitcoin daily. It's an outdated technology. A paradigm shift for software for sure, but a now long outdated one.
I'm sure bitcoin maximalists will reply in rage, but I can't convince you to see the truth through your speculative emotions, so I won't even try.