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I agree decentralization is not as important to most people as cypherpunks think, of course that is just because most are too uneducated or too lazy to figure out who is pickpocketing them. I doubt 90% of the population could tell you what fractional banking even is... Maybe this changes with future generations and cryptocurrencies. I saw a kid at Chicago O'Hare today wearing a Bitcoin hoodie lol.
Also, your article is from '17, way out of date, I seriously recommend watching the lecture series I posted a few pages back, taught by the current SEC chairman. Its like 25 hours but well worth the time, you'll have a more thorough knowledge than 99% of those owning crypto. Crypto was ruled not a security, could be changed, lawsuit between SEC and XRP now is ongoing, the result will ripple, no pun intended, throughout crypto. There are now ETFs as well.
As for the energy use, there is just too much to go into. I think it will self regulate over time. There are too many other items, higher on that list, that constantly get a pass that I would like to see addressed first.
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