What do we want from Cryptocurrency/Decentralization? Decentralized currencies/platforms? Censorship resistant currencies/platforms? Private/Anonymous currencies/platforms? or all of the above? What are we doing to prevent the Blockchain/Cryptocurrency from being stripped off of these great features? What are major Stakeholders doing about the numerous Centralized Platforms popping up everyday milking the Blockchain off valuable Coins? Are you aware that the power to destroy Bitcoin and other Cryptocurrencies is gradually residing in the hands of Powerful individuals, Centralized entities and the "governments"? We constantly worry about Mining Centralization but ignore this most dangerous form of Centralization happinening under our nose that is capable of destroying Cryptocurrency World as we know it. Seems we have forgotten why Cryptocurrency was created by Satoshi Nakamoto in the first place? Let me remind you incase you have forgotten: He created Bitcoin during a serious financial crisis caused by government He and his team created the currency to be free from human interventions in the form of regulation. Bitcoin was basically created to be regulated by computer codes and mathematics and be free from human errors,better still Bitcoin was created to be self-regulated. Satoshi wanted a currency system built with Codes that follows strict and incorruptible rules considering the fact that humans don't consistently stick to rules — codes do. We break rules all the time.
By the way, why call it a decentralized Cryptocurrency if it is going to be regulated by humans? I see no reason why a government control currency should still be seen as being Decentralized . It is nothing but a mere PayPal.
This is applicable to ICOs. That sector needs to self-regulate too. You don't expect the developers not to do the governments bidding after subjecting themselves to the so called Regulations. If we want a more honest ICOs environment, we then should put a regulatory mechanism (free of humans control) in place to self-regulate the ICOs. Government needs to stay away from Cryptocurrency. Government haven't even regulated other "regulated" fundraising services like Gofundme not to talk of regulating the Blockchains.
Popular Crypto personalities aren't helping matters either. They spend most of their Crypto- time on Centralized platforms like Twitter, YouTube and reddit promoting Decentralization and Cryptocurrency. isn't that funny? If they truly mean what they say, they should be more on:
- Steemit instead of Twitter.
- DTube instead of YouTube.
- Decentralized exchanges instead of Centralized ones. ETC
This will certainly popularize the platforms, encourage the creators, help improve the platforms and Decentralization in general.
We need to wake up before it is too late. What makes Cryptocurrency beautiful and unique are being stripped off before our very eyes. Wake up! Alot has been given to the elites/government already.