testacct22

The difference is, HN is a separate website, with reddit the different communities start to bleed into each other

Imo: there's too much stupidity in the popular subreddits, sharing a space with that is too much to ask

> This might suggest that decentralization itself is not actually of immediate practical or pressing importance to the majority of people downstream, that the only amount of decentralization people want is the minimum amount required for something to exist

Seems to me like building a centralized system on top of a decentralized one, similar to my earlier example of building a bank on top of something designed to circumvent the bank

General rule seems to be greed v laziness -> centralization

What about BitTorrent?

Seems like there's two ways of looking at exchanges: using it to buy/sell, then immediately transferring to a personal wallet. Or using it as some kind of investment. I'm criticizing the latter

Wrt to the get rich quick crowd, things were fine before they showed up. They should go somewhere

Wonder which one

Why do so many of the comments here and journalists assert that crypto and exchanges are the same thing?

Doesn't keeping coin in an exchange (as opposed to in a wallet, locally) sort of violate the ideology of crypto? Wasn't this shit invented to circumvent the banks?

I don't get it, using something meant to circumvent the banks, just to invest it in a less regulated form of a bank

Isn't to say I have a problem with crypto, but the one camp of people who shill these exchanges and the other that is saying crypto = exchanges = ponzi scheme are both wrong