Wednesday, February 21, 2018

The Problem with Centralization

Twitter has shut down thousands of accounts. The reason is unimportant, but the fact is that when a system is centralized those with views that are in opposition with those views of the central authority are at risk of being cutoff. This is very true in a system where money is centralized. Bitcoin's success is extremely important to those who do not want to see themselves arbitrarily removed from the financial system by some central authority. Just as Twitter and Facebook may remove your ability to speak on their platform for any reason, governments and central banks can do this on their centralized financial platform. Bitcoin is the answer.

Disclaimer: This is not financial advice.

No comments:

Post a Comment