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IPFS News Link • Currencies

Is the crypto community truly moving towards decentralization? Or is it just a pipe dream?


Satoshi succeeded where Cypherpunks failed [or did they?], he made it so that we would be free from the clutches of centralization and move towards something better – decentralization. The Ethos of Bitcoin or its underlying technology was to move away from centralization and censorship and towards decentralization, where transactions wouldn't be censored, and people would have financial freedom. The birth of Bitcoin gave rise to a community with similar ideas about decentralization and created the foundation of this community, but does the community still have those values?

The following incidents in the community raise questions on whether we are going back to square one.

Binance Leads The Way

The crypto-community on Twitter faced a crossroad due to Craig Wright and Calving Ayre's campaign of lawsuits. The campaign caused a lot of heat and led exchanges to delist Bitcoin SV [BSV]. Binance's CEO, Changpeng Zhao aka CZ was vocal about his views on the matter as he tweeted:

Craig Wright is not Satoshi.

Anymore of this sh!t, we delist!

— CZ Binance (@cz_binance) April 12, 2019

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