RE: Throwing a bit of KYC into cryptocurrency doesn't mean it is decentralized

Couldn't agree more Joe! I think the key to removing power from the banking elites, is to decentralize the infrastructure that supports our own cryptocurrency-based financial system. Local nodes all over major markets will only spread the risk out thinner, until you have enough nodes to effectively stay outside of the control of any government or centralized entity (like a single data center). Session messenger is a great example.

Starting from a hardfork of Monero, the Oxen blockchain provides more utility than merely being a private cryptocurrency, in the infra space, the token yields about 15% if you run your own Oxen node. Since it's creation about a year or so ago, Session has gotten over 1 million downloads from the App Store and Google Play, and it's the only cryptocurrency-related app that isn't an exchange or a wallet.

Alter is another great example of decentralizing the infrastructure we depend on. They're building their private messenger client on the Secret Network, and they have their own token, the $ALTER token, which is going to be integrated into the application much like your mainstream P2P payments facilitators are, like how you can now send money via text message.

The SPK Network is one I have not done a deepdive into yet, but, the idea of supporting the Hive infrastructure somehow is very appealing. I like the idea of doing my part to support freedom and privacy for other people.

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