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comment by b_b
b_b  ·  3213 days ago  ·  link  ·    ·  parent  ·  post: MyEtherWallet Chrome Extension: The Beta has Arrived

The exact moment I gave up on btc (and in full disclosure I've never been a Believer) was the exact moment I learned that like 8 miners--or mining consortia, or whatever) control the fate of the software. Isn't that exactly the opposite of what "decentralized" means?

ETH makes me raise an eyebrow, and I find it to be an interesting experiment. Not an experiment that I'm going to gamble any more money on than I would playing blackjack, but interesting nonetheless. If it goes on a BTC-like run and pops to $1000 bucks good for me, but I won't cry that I didn't put more money in. Don't gamble what you can't afford to lose.