[cr4nberry]

I followed the blog post this article provides[1], which leads to another blog post[2]. It's another bullshit article

> Decentralisation was always a phantom. At most it’s a way to say “can’t sue me, bro.” Every process in Bitcoin tends to centralisation — because Bitcoin runs on economic incentives, and centralised systems are more economically efficient.

How exactly does anything specific about bitcoin imply anything about decentralization in general? And how do we know that centralized systems are more efficient?

These quotes sum up the author's thinking:

> Bitcoin is not about the technology. It’s never been about the technology. Bitcoin is about the psychology of getting rich for free

> The marketing pitch is that the actual-money economy will surely collapse any moment now! And if you get into Bitcoin, you can get rich from this.

This says all that needs to be said about the author. Cherry picking ridiculous examples, making broad generalizations about the interest behind bitcoin, this author has all this in common with the news media.

I have a hard time taking anyone seriously who thinks it's their "moral duty" to shill for the central banks. These folks can churn out all the shitty blog posts and editorials they want, at the end of the day, they'll never be able to freeze wallets like they've frozen bank accounts. This is what upsets them

[1] https://davidgerard.co.uk/blockchain/2022/08/20/proof-of-sta...

[2] https://davidgerard.co.uk/blockchain/2021/06/27/bitcoin-myth...