RE: WW₿ - The Digital Front
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I will check that out. The one problem is that regardless of who controls BTC, the crypto genie is out of the bottle, people will want to obtain it, or other cryptos, to protect the value of their money while the paper fiat steadily collapses. Even if it's a con, because its control is centralized, the shining value of the coin will draw people in like barracudas. It's like Sun's chain. He centralized the thing, everyone knows it, but the fact remains that it somehow retains value. The big question we might need to ask is how realistic is indefinite decentralization when we know it's the nature of power to ebb, flow, and often accumulate into the hands of the few. I get the idea of protecting the ideal, but what if the ideal is unrealistic? What if it's like wanting to end war, fantastic in theory, but likely not gonna happen? Do we resign ourselves to the nature of reality, or do we continue to try and make the impossible happen? What sort of damage do you see them doing with the Dev team you mentioned? If they do anything to shake faith in the BTC, won't it simply lead to more splits and an eventual loss of faith in the coin? Even if they do have some control, isn't it better to be on a deflationary model instead of a hyperinflationary one? Isn't a deflationary model kind of like an undo fix to deal with hyperinflation?
It retains value because people are under the misconception that ONLY decentralized things should have value. People are going hard into centralized crypto, more so than decentralized crypto(as evidenced by bitcoin and other centralized coins).
The great awakening is not happening, it's more idiots using centralized money to buy centralized crypto.
I don't think it's too late in the game just yet. We're still at the infant stages of revolutionary currency ideas. Once a privacy-centric one gets perfected, I could see a lot of people opting into that. The market's just trying to figure it out yet, consensus will happen, and I think the people will eventually settle on the wisest coin available to be the new leader in the crypto space. But there is plenty of room for many different kinds of crypto. It'll take time for it all to play out. When people get over the fad of rising and falling crypto, they'll eventually get off the rollercoaster and start to examine the various coins based on their merit.
The main problem is MSM has framed cryptocurrency badly, govt has control over 70% to 80% of all of the cryptocurrency coins out there(whether it is the BTC dev team being owned by the NWO Bilderberg, China owning 75%+ of BTC miners, etc).
More and more people are funneling into centralized crypto, BELIEVING they are joining the decentralized movement. They are not THINKING, they are BELIEVING and FOLLOWING. So just realize that most of these crypto prices are fueled by sheep buying what they think is decentralization, but in reality isn't.
You give sheep more credit than I do. I think they are looking at it more like stocks and a money-making opportunity. They heard about people getting rich from BTC, and they want that too. They probably don't know much about the coin or the concept of decentralization. But I wonder, in an open market, where the wealthy can buy as much of anything they want. What is to stop them from amassing large amounts of whatever they think will be successful? I guess what I'm asking is: Is the decentralization of a finite item on an open marketplace a pipedream? We know full well that the rich and their various organizations and institutions can use their vast wealth to amass infinite quantities of whatever. Just wait until the Fed starts buying BTC—that'll be a real hoot (if they're not already). I think the map is not the territory when it comes to decentralization. I mean, it's nice in theory; But whenever a certain popularity level is unlocked, the market for the item becomes subject to forces that either covet or desire to control it. If it never became popular, then Bilderberg, China, and the NWO would want nothing to do with it. If it never became popular, it wouldn't have much value. That means the rest of crypto wouldn't either. I say this because all of the cryptos seem inextricably connected to the health of BTC.
i wish BTC would just go away at this point lol.
On the topic of this conversation, and big up to Kenny for this info. Check out Pirate.black. It is trending 366.7% in the last seven days. I don't know if this is "the one" or if there will ever be just one. That said, it looks like one of the good ones!