/biz/ - Business & Finance

4chan, but decentralized. Is there a crypto for it?

I have 7 figure gains because of $GME. Going to be pooling that into DeFi, and DeSo if it exists.

>>16429882
>If everybody has a channel with one meganode thats all but decentralized and not censorship resistant at all either
That's decentralzide. If a meganode goes down, the other ones can still link up. That's how the Internet works.

Picrel

>>5507965
There is nothing wrong with hubs.

It's funny how all these bniggers bitch about lightning hubs when most of them probably don't even run a full bitcoin cash node, let alone have a bitcoin cash wallet. They praise decentralization when they themselves use centralized services.

The truth is, nothing can be truly decentralized. It is impossible to achieve. Decentralization is an idea that cannot be achievable as long as the world remains unequal. There will always be someone with more money to run on hubs, someone with more hashing power to mine bitcoin cash, or more money for POS mining.

Lightning solves many important issues with the current implementation of bitcoin without removing anything from the core protocol. Lightning is an OPTIONAL secondary layer that will provide a decentralized (not distributed) way to make payments. Will some nodes become hubs because they have more coins? Yes. The world is unfair. You still have the option not to use the hubs or even the lightning network at all. Freedom of choice. Best of luck to your shitcoin bniggers.

There's literally nothing wrong with lightning network hubs. Fact of the matter is, complete decentralization is impossible. Even in the networks current state, most people don't run a full node. If normies are ever going to use this shit it has to be regard proof. Hubs make it easy for braindead normalfags. As long as bitcoin remains deflationary, bitcoin + centralized hubs is still better than the current banking system.
>muh transaction censorship.
You can always use a different lightning channel. Won't be as convient, but it's still possible.

Look I'm a libertarian and I really want everyone to run a full copy of the blockchain, but you have to realize there are wolves and there are retarded sheep lazy ass normies who don't want to take responsibility or time for storing their money. That's why all these normalfags keep their money on cuckbase.

TLDR Lightning is just a secondlayer slightly more centralized solution to the retarded normie problem.

>18 years old
>only 1.4 btc
>only .4 btc worth of altd
>1800 in stocks
>5000 in bank (A lot of it grandparent dorm money; rest wagecuck money)
>college freshman compsci major
>no debt. Got scholarships to cover tuition
>grandparents paid for dorm
>afraid of debt
>don't know what to do with my life.
>don't know if I should go into debt for this retard tier meme degree
I need some older, wiser /biz/nessmen to guide me

advised

>>3046109
It is decentralized.
It's not distributed.