I wrote a lot of content doing research on crypto identities.
Trust me on paper,decentralized sounds good, but if govt & regulators use it then it's like some scifi movie database coming to reality.
I wrote a lot of content doing research on crypto identities.
Trust me on paper,decentralized sounds good, but if govt & regulators use it then it's like some scifi movie database coming to reality.
Actually decentralised is a myth to be honest. Ask people if they have seen a fully decentralised network? We can't name a single fully decentralized network. Yes we can say one network being more decentralised compared to other.
That's It
In this space, I think we sometimes "worship" decentralization excessively, turning a blind eye to its shortcomings and potential exploits.
In fact, I agree with this 100%. A lot of education still need to be done. For blockchain mainstream adoption, maybe many years to come. Just look at the state of Elsalvado who has accepted crypto transactions. They've not found it easy
Interesting times we are in!