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RE: Money whispers now, and only the receiver can hear it.
nice. thanks to @apolymask I came across ur article. I agree with every point u r making. there's no need for a centralized authority that punishes/bans u for expressing ur opinion. still u can't have pure decentralization since teamwork will require some sort of centralization via a leader.
I guess I need some privacy coins now.
Thanks very much @cryptomazin! And thank you @apolymask for sharing my opinion piece. @cryptomazin, the point you make about a leader being required is extremely relevant.
I would say decentralised applications and the platforms they reside on do not necessarily require a leader per se, they require a creator. A brilliant mind or team that births the decentralised instrument. From there, if it works and creates value, it can and will run its course without any form of leadership.
It's early days in this space and at present yes, we see cryptos with varying degrees of the Satoshi vision incorporated into them (feck all), and with most having leaders, or people that have immense power over the image and development of the technology, Justin Sun, Charlie Lee etc.
I imagine a future where the code is birthed and then it's hands off in terms of "leadership", it will not be necessary, in fact in a truly decentralised model/world (entirely quite hard to imagine), the very idea of central authority would be repugnant.
[and probably outlawed by the residing central authority (joke)]
Of course this line of thinking is not considered sensible in today's world, "It's not practical" my colleagues might say, or "It does not make sense".
I am sure the same arguments were made about the idea of a nuclear bomb in the early 20th century.
Skol