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.
Just watched the video, silly conclusion. Hubs of course can be opened by any entity in the world, I'll use an established trusted hub of my choosing, if they even attempt to corrupt, I'll simply switch to a different hub. This is a valid form of decentralization.
Fake decentralization.
Why does there need to be hubs at all? Bitcoin never had liquidity hubs. All the liquidity is in one place - the blockchain. It's decentralized because lots of people have a copy and are competing to add the next block. There was no need for routing or watchtowers. Anyone could earn with hardware and no one could stop you from participating.