This is the first post I am going to have on this blog, Cryptocurrency Newsletter. So, I am going to keep it short but I will tell you what is wrong with crypto community. It is the title of this post. Read it again... Decentralized!
Just please take a look around you to really see what's wrong. Every major exchanges, wallets, communities and other crypto-related platforms out there are centralized except Satoshi Nakamoto and his/her/their idea. Just simply think about the main concept of cryptography. What was it? Decentralization of money, value, information, and you.
Do you even keep your private key codes? Let me say more than 95% of us do not really know how to. Let me list some points for you
- Get rid of middle man
- have full control
- move money across global
- avoid inflation
- stay anonymous
Did you get what I am trying to tell you?
My friends, cryptocurrency is not fully decentralized at all!
We have centralized
- banks : Wallets like coinbase
- stock markets : exchanges like binance
- and so on...
I will continue this post but let me say something to you Binance bought Coinmarketcap!
