I'm a bit late to the bitcoin game (and gearing up to accept bitcoin payments in an upcoming project) so excuse me if my question is trivial, but how does bitcoin show that decentralization is a bad idea?
Aside from energy consumption and stability, bitcoin seems like a resounding success to outsiders like me.
Decentralization is a feature. As with most features, it has technical and behavioral costs. In the case of Bitcoin, this cost is an enormous computational and environmental burden. However, I’m pretty sure that this commenter was joking.
Aside from energy consumption and stability, bitcoin seems like a resounding success to outsiders like me.