Someone asked, “Have cryptobros tainted the term ‘decentralization’?”
No, because what crypto bros are doing isn’t actual decentralization.
If one entity (a DAO) controls how to use the network, that is actually centralization!
Crypto bros need to be called out on that.
And we need to stop giving them the power to hijack legitimate technology terms!
Let's consider what decentralization is in the context of social media, and why it matters.
Facebook, Instagram, Twitter, TikTok are owned by companies. They control who connects with who. They control what you see.
If you use Twitter (for example) it is difficult to talk to someone *outside* Twitter *from* Twitter.
This is the core problem with modern social media.
Decentralization removes control of social media from any company, government, or entity.