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RE: Re: @practicalthought
The ownership of BTC is very centralized. The protocol and its development, however, are hard for any single party to control. That's actually a feature and a not a bug. But if Bitcoin were to become the new money, the concentration of wealth would be tragic.
That's why the next decentralized key-technic is going to have key mechanics implemented focussing on distribution and probably also privacy! ;)
That's what I was aiming at with my text.
Doesn't matter because it's not centralized to the central banks. Anything that breaks up the bank monopoly frees the world in ways we can't even imagine. Any competition is good at this point. Doesn't matter what the source is.