RE: 🔥 Is Bitcoin decentralized?
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Decentralization is a journey, not a destination.
Bitcoin is a lot more decentralized than it was in the beginning. It all started with one Bitcoin miner, Satoshi. Now there are millions of miners all over the world (including the cloud mining on phones, etc..).
Is there room for things to decentralize further? Certainly.
As for cryptocurrencies, I think the important things is to look at it in totality. While there might be some which are centralized, either via miners or token distribution, we see the collective spread out among tens of millions of people.
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I agree with your point of view. Specially with this:
The most important part is that cryptocurrency is moving to decentralization. The end is not close, but it is reachable.
Cheers!
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Yes and keeping this viewpoint means that it is always on our mind and imperative that we keep pushing in that direction. Everything needs to be done each day to attempt to move in that direction.
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