While I am for a capitalistic free and fair market, look what power and greed lead to (Amazon, Walmart, investment firms, Airlines, legal, and anything else “Big 4” or “Big 6”). One may argue that “large companies have the manpower to innovate” true, but so does an open source platform… probably more efficient and less bureaucratic that way as well. Or “big companies do work in bulk thus making products cheaper or more efficiently” true, though that comes with a price. The price being push out the small guys because the big company can do it cheaper. But when does this “cost and resource saving” efficiency cut into quality? All for an extra raise for the few within the company?
Decentralization would allow for EVERYONE to compete fairly without one single entity holding controls
Open source allows for EVERYONE to help improve and reduces back end fuckery with transparency.
I believe this is why some governments HATE crypto. I also believe that this is the way of the future. Disagree?? State your objections.
Ok, but XRP and XLM are not based on proof-of-work, which is the mechanism Satoshi invented for decentralizing coin issuance. Without it, there is no "cost" to change the rules of the system. Both XRP and XLM are part of the WEF's Central Bank Digital Currency rollout. They are what Bitcoin would have been if the bankers came out with it first.
Proof-of-work allows anyone with some common hardware to mine their own coins just using electricity. There is no one who can shut you out.
Are you referring to crypto mining?
Yes.
I’m currently mining as well… just a mere 200mhs