There seems to be a weird perception that decentralization means that there won't be inequality of power in the system.
That's not what it means.
Decentralization simply means that there is no central power that can make unilateral decisions about the system like a government can with its currency.
This explicit decentralization of power is what people are excited about, because it means any change to the system requires a supermajority of consent and there are no central points of attack that power hungry fascists can target and take over.
Centralization can be incredibly efficient, but also incredibly fragile.
That's not what it means.
Decentralization simply means that there is no central power that can make unilateral decisions about the system like a government can with its currency.
This explicit decentralization of power is what people are excited about, because it means any change to the system requires a supermajority of consent and there are no central points of attack that power hungry fascists can target and take over.
Centralization can be incredibly efficient, but also incredibly fragile.
Bitcoin is the anti fragile monetary system.