Decentralization is the big winner of 2022

2022 has been a brutal year for crypto. The media, politicians and normies have had a field day mocking us given all the failures we have seen. What these people fail to understand many of them because they simply do not want to understand is that all these failures have had centralized points of failure. Be it Ronin, FTX, Luna, 3ac or Solana. What has not failed? Decentralization. Things like Bitcoin, Ethereum Rocketpool, and DEFI in general have not failed. Why? Because the decentralized nature of these protocols does not allow for one individual or a group of individuals to make decisions that affect the rest. No single human can make changes to a protocol, code or monetary policy. Ok, So some protocols have governance voting. Well, that is called community participation and this means we all have a say on the direction we want our protocol to go or the policies to be implemented moving forward.

Whenever someone approaches me to mock me for being in crypto I laugh and remind them that the ethos of crypto is alive and kicking. The chore values of decentralization are today stronger than ever. That I am so happy for all the centralized crooks being exposed and yet I can feel empathy for all the victims of these thieves.

We must continue to push for decentralization. We must continue to invest in decentralized projects. We need to get in and out of centralized exchanges. Learn and teach about self custody. Guard our private keys like our lives depend on it. The tech will improve. It will become safer and the UX will be top notch in due time. For the time being we "the early ones" have the privilege of being part of something new, unique and special that can change the lives of so many.

Decentralization has won in 2022 and will continue to be the one and most important factor as we interact with these protocols. Its not that hard guys. Stick to decentralization. Projects with fundamentals and real life use cases and we will all be fine.

LFG 2023.