Unexpected Future ... Cross Centralization

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Avatar for martinezdamp
3 years ago

Not everything is wonderful in the cryptographic world. Even with the advancement and awareness of what Bitcoin and cryptocurrencies imply and mean, the fear grows that this great change will begin to be taken over by actors that reside in centralization and be able to achieve a more radical interaction in the separation of the fiat world .

The measures recently taken by Iran leave many gaps that are not easy to fill. Like other countries, such as Venezuela, with a situation similar to this Arab country, its extensions and economy were laboratories that served Bitcoin to reaffirm its perception as a clear alternative to financial manipulation and injustice to which they were subjected under a structure that it did not offer competitive advantages. Even so, the risk of taking cryptocurrencies as a form of financing was vital, not only for these countries, but to finish understanding that Bitcoin and cryptocurrencies form a clear initiative of fin-dependent detachment.

But this detachment can even be counterproductive when the power that Bitcoin can generate is contaminated. Iran is the clear example of control, dangerous, not only for the crypto ecosystem, but for the definition of Bitcoin as such, serving as an excuse even to manipulate its conception and act in world markets.

The funny thing is that this position of centralization towards Bitcoin has occurred in two countries that openly began with the acceptance of this currency as a means of payment, and the truth is that it was a very unexpected beginning for many enthusiasts who dreamed and dream of a tokenized world, from its exchange to its production through mining.

However, the very idea that Iran promotes that the production of Bitcoin will be bought all through its Central Bank or that the miners of Venezuela join in a single authorized pool may not draw a good future for the currency in a future. international and commercial level.

It is enough with the criminal associations that are tied to this currency to strengthen a denomination totally far from reality. What we observe in these countries like Venezuela or Iran, in my opinion, will subtract that commercial brilliance that is associated with Bitcoin, it can delay it in its operations, but not stop it.

I only fear that the initiative of acceptance that these lands had and its progressive centralized transformation, is a model copied from other countries that want to take advantage of this free financing route and give priority to any cryptographic aberration that comes out.

The content of this article is my own and there is no room for plagiarism in this information. You can also see this writing on my Publish0x blog under the following link.

https://www.publish0x.com/cryptographic-alchemy/unexpected-future-cross-centralization-xzymzxm

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Avatar for martinezdamp
3 years ago

Comments

Awesome article

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3 years ago

Perfect post

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3 years ago

Is very perfect good job

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3 years ago

Centralizing crypto definitely isn't desirable, yet governments don't know how to exist out of this kind of control. What's certain is each country in the world would have to deal with bitcoin and other digital assets in the future, won't be optional.

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3 years ago