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5min chapter
An Inquiry into Decentralization with Erik Voorhees (WiM083)
The "What is Money?" Show
The Purpose of Decentralization
Bicoin is essentially the ultimate enemy of the state rights, disrupting the most important monopoly in the world. The amount of decentralization would be very tightly correlated to what the thing was trying to do. If it's a prediction market, wher they talk about the potential assassination markets and all this, that would need to be rather dicentralized. But if it's a crypto kitties in a jackpot game or something, maybe that doesn't need to be so decentralized. Gist: "Centralization and decentralization can both be valuable"
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