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 represent being decentralized in a way that misleads the uninformed user 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
