How We're Misusing the Word 'Decentralization' - Ep.041

Soona Amhaz of Token Daily talks about how we've misused the word decentralization and stretched it to the point of meaninglessness. She discusses how certain companies misrepresent being decentralized and walks us through some misleading graphs put out by Ripple and EOS. She also explains why, when a good metric becomes a target, people will then game it, and why we should be open to projects becoming decentralized over time.

We also talk about tribalism, and why it's bad in only some instances -- like for investors -- but good for other groups of people in the crypto space. Plus, we dish about Nouriel Roubini's and Peter Van Valkenburgh's testimony to the Senate on cryptocurrencies.

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Episode links:

Soona Amhaz: https://twitter.com/soonaorlater

Token Daily: https://www.tokendaily.co

Crypto Springs: http://www.cryptosprings.org

Unchained episode on Ripple: http://unchainedpodcast.co/ripples-xrp-why-its-chances-of-success-are-low-ep58

Singularity episode with Galia Benartzi of Bancor: http://unchainedpodcast.co/singularity-university-global-summit-how-do-we-get-consumer-adoption-ep83

The bug in the Bitcoin software: https://motherboard.vice.com/en_us/article/qvakp3/a-major-bug-in-bitcoin-software-could-have-crashed-the-currency

The Senate hearings on crypto featuring NYU economist Nouriel Roubini and Coin Center's Peter Van Valkenburgh: https://www.youtube.com/watch?v=ZFc0Um6WUU4

Sample of Roubini's tweets: https://twitter.com/Nouriel/status/1050425363413827584