2min chapter

Free Cities Podcast cover image

030 - Knut Svanholm: Seafaring, Praxeology & Bitcoin Spirituality

Free Cities Podcast

CHAPTER

The Importance of Decentralization in Bitcoin

decentralization is an unfortunate means to a greater end in Bitcoin and Bitcoin specifically. It would be very much more convenient if there was just an entity that we could trust. But then this buzzword decentralization has been captured by all these other actors who think that that's an end in itself. And it's not like a free market is a network of information and hierarchies. People need to have, there needs to be differences in how much money people have and how much power they have.

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