One way to decentralize store of value is to have millions of validating nodes. Another way to decentralize store of value is to have millions of different assets.
@naval To those of you talking shit, naval is suggesting that the general purpose of ethereum (and others) is of similar value to bitcoin (a non general purpose chain) He’s probably right about the value aspect. This doesn’t include distribution, costs, security etc. Just value.
@naval @udiWertheimer why don’t you retweet this instead?
@naval Yes you will decentralise but inflate the supply at the same time The point of decentralisation is to ensure no one can change the rules including the supply schedule
@naval Diversify monetary options and stores of value.
@naval Considering developer growth on Etherium, ETH could possibly fulfill both criteria in the future.