[flooow]

> This is why we need decentralization.

That's an interesting interpretation. I read it as 'all cryptocurrencies are scams'.

[lrvick]

Not all cryptocurrencies are scams, not all traffic on Tor is CSAM, and not matrix messages are spam. Some of us use all of these decentralized systems daily for their actual intended use cases of sovereignty and privacy.

Things like money and messaging are too important to a functioning society to allow any single party to control.

We need -actually- decentralized money and -actually- decentralized communication.

MobileCoin and Signal are neither and the results are predictable.

[theamk]

That's why there is no single party to control communication, and even for money there is US vs EU systems.

"Actually decentralized" has a lot of problems, especially with things like spam and scams (see also: usenet). Federation makes sure no single party has too much power, and yet allows one to have usable systems.

[omnimus]

Cryptocurrencies are securities not money. Unless you have force (army) that enforces your money you will not have money.

[blitzar]

If 'all cryptocurrencies are scams' then those that staff their boards are scammers.

[flooow]

Agree