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0 pointsenumjorge4y ago0 comments

> A centralization is otherwise no really desirable for many users.

I’d argue the opposite-the benefits of decentralization are too abstract for most people to appreciate.

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It’s not that they are too abstract it’s that they only hold in a fantastical alternate reality where the elite resign without a fight.

In reality, if cryptocurrency takes power from the elite they will make it illegal and arrest 95% of its users who are incapable of learning how to mask their network participation. This is not reassuring for an idea whose decentralized powers are predicated on mass adoption.

hunterb1234y ago

I'd argue the opposite-the benefits of decentralization are clear and concise.

edit: Central point of failures, ownership, privacy, etc etc.

acdha4y ago

What do you think those are, and how much does the average person care?

The original web was more decentralized than what web3 proponents are selling, but over time users consistently chose a few major services. Why will they switch back and what will avoid that repeating again?

hunterb1234y ago

I guess they care how much they currently care. I don't see why that's relevant when talking about the benefits of decentralization.

"People are too stupid/naive so let's not make anything better for anyone" is essentially what I'm hearing.

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shadowgovt4y ago

Can you enumerate them?

hunterb1234y ago

I said "I'd argue" like I would, just as GP said "I'd argue". That means we aren't yet. I just wanted to voice that I disagreed so others could pick it up.

Central point of failures, ownership, privacy, etc etc. Obvious stuff I don't want to ramble about.

Only HN would try to downplay decentralization, something we know the benefits of, only to bash crypto/web3.

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DSingularity4y ago

It’s not that they are too abstract it’s that they only hold in a fantastical alternate reality where the elite resign without a fight.

hunterb1234y ago

I'd argue the opposite-the benefits of decentralization are clear and concise.

edit: Central point of failures, ownership, privacy, etc etc.

acdha4y ago

What do you think those are, and how much does the average person care?

hunterb1234y ago

I guess they care how much they currently care. I don't see why that's relevant when talking about the benefits of decentralization.

"People are too stupid/naive so let's not make anything better for anyone" is essentially what I'm hearing.

1 more reply

shadowgovt4y ago

Can you enumerate them?

hunterb1234y ago

I said "I'd argue" like I would, just as GP said "I'd argue". That means we aren't yet. I just wanted to voice that I disagreed so others could pick it up.

Central point of failures, ownership, privacy, etc etc. Obvious stuff I don't want to ramble about.

Only HN would try to downplay decentralization, something we know the benefits of, only to bash crypto/web3.

1 more reply

j / k navigate · click thread line to collapse