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RE: Crypto auditing companies about to take a hit?

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@onlycrypto
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1 min read

The truth is the status quo creates a lot of smokescreens to try to increase FUD regarding cryptocurrencies and the crypto environment in general. But they do not go beyond that, from being mere smoke screens, or mediocre attempts to try to avoid or stop the inevitable, that the cryptos are here to stay. Given the decentralized nature of almost all cryptocurrencies (and especially Hive), any attempt to stop their advance would be futile.

So, if we talk in logistical terms, governments, audit companies, or anything at all cannot stop, hold accountable, or penalize anyone within an ecosystem where there are so many nodes operating at the same time. How do you distribute the blame? How do you get the central manager in a chain fully decentralized (like Hive, for example)? That is why I believe that you are quite right in everything you assert in this regard. Decentralization is certainly immortality, no more, no less, and I would also add immutability and invincibility.

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