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Re:The Crypto Backlash Is Booming by rsynnott on Monday February 07, 2022 @07:17AM (#30243762)
> it's no more decentralised than the internet

Much, much less so, really. Good luck pulling something like the big Ethereum shift that produced Ethereum Classic with the internet... We still aren't even on ipv6.

Re:The Crypto Backlash Is Booming by doorman38 on Monday February 07, 2022 @07:50AM (#30244091)
Have you ever studied the undersea cables running throughout the world for telecommunications (ie the internet)??

Do you have ANY idea how many there are in almost every country in the world (with backup links going to other areas)? What in the world are you talking about?? The internet is decentralized, plain and simple. Put it to you this way, let’s say you wanted to “take the internet down”, please (short of EMP attacking the entire planet - in which case we have way bigger problems than the internet obviously), how exactly would you do that. Seriously I’d love to know. See, I happen to have worked at major internet hubs throughout the world, and you would have to simultaneously take out hundred (again across the planets) in order to even slow down the internet.

Same principle goes for “truly” decentralized crypto (ie Bitcoin is the obvious example). Tell me, how exactly (even if you were the ruler of a major nation power) would you take either down? I’m dying to know…..

It’s impressive how ignorance spreads like wildfire. Do your homework people. Read. Do the actual math. Use your heads. What’s wrong with all you!?!?