RE: What is cryptocurrency Centralised to?
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Comparing crypto value to price is the greatest limitation cryptocurrency is facing right now
Butter truth
A real value it's on how useful it is(a coin)
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Bitcoin had same utility with Fiat.
Other cryptos like ethereum evolute the system of cryptocurrency and bring utility before other altcoin follows.
Bringing defi,games,nfts,curation,web3, metaverse, lending and borrowing as the real utility of crypto.
Crypto utility or usecase has reduced the volatility of crypto market cap compared to few year back.
With time the utility of cryptocurrency will springforth most especially when the reign of metaverse begin
I am convicted of a fact that hive blockchain is centralized in a Decentralized form😒.
Your account can be banned and controlled so why decentralized?
This is a disadvantage I do see here
That's doesn't make it not decentralized.
It's all done because of protection
Correct
Hive, does not look like a Decentralized platform
You can be muted against your will
Maybe the reason behind decentralization of hive was for descipline purpose
This is because of hive being a social media to have rules and regulations to keep hive standard
I understand this
But my fear of it being centralised might limit it in blockchain world
It's Decentralized
No
Bitcoin is better than feared don't compare them they are far different from each other.
True fact
Fiat has no advantage over Bitcoin
No at least nothing
Still some people who believe Fiat over Bitcoin due to lack of knowledge.
They aren't part of the next generation that will rule the future
Bitcoin is the real decentralization
Ethereum and altcoin are slightly centralised by the creator
Don't ever think of saying Bitcoin is same as Fiat🤣🤣
Then why do coin with great utility die and ones with less utility have value now
A great example now is the rate at which play to earn project are going down is too much despite thier utility
Due to lack of Community and marketing,they aren't recognised