Oddbean new post about | logout
 This is why as cool as the current internet is, it can never be the solution for truly censor-free, decentralized, permissionless communications of any type, Bitcoin included.

We need P2P solutions, even if we lose all this fancy functionality we have today -- mainly the ultra-high speeds that the current centralized, permissioned, censored infrastructure gives us. 
 ~ 80% bitcoin's mainnet + 90% LN runs from 10 largest cloud providers / data centers  - so only RENTERS are decentralized that's all
blockstream satellites carry less than 1% bitcoin mainnet traffic excluding node sync Elon n DOGE-NODES rides on his starlink !!!
physical gold more decentralized planet wide ownership but cannot be teleported like bitcoin tx broadcast.
bitcoin DECENTRALIZED = mythology of maximalists for now getting worst maybe