Brian the type of guy that praises Bitcoins decentralized ledger, but always shows you a centralized ledger price chart
Brian the type of guy that talks about Bitcoin being permissionless, but then shows you permissioned white market transactions
Brian the type of guy that speaks about privacy, but still uses a transparent ledger
Pretty big difference a decentralized ledger and a centralized price chart. Not everything is improved with decentralization
Except that data is all from Bitcoin moving around on centralized ledgers AKA centralized exchanges, so no, not really a difference at all
This should be talked about and investigated more. Meme'd.
Wash trading is sort of the boogeyman Maxi's avoid talking about.
The decentralised ledger you are speaking about is traded 99.9% on centralised exchanges that can do all sorts of price manipulation and fractional reserve.
But we know already that Bitcoin is decentralisation is about nodes and only about nodes. All other metrics are ignored as they would show that BTC is just one implementation if an idea and within millions of actual shitcoins there are some gems like Monero that improved on Bitcoin's original design in many important ways increasing decentralisation in nodes (more than BTC), mining (every device on this planet can be a dedicated miner), P2P pools, and a DEX ecosystem independent of any KYC surveillance custodian that will rug you becayse they feel like it or on behalf of governments.
Once you understand that market data gets manipulated to the extremes on centralised exchanges to keep the fiat system going for a little while longer you can not make it unseen.
You will come around. But it will take you a couple of month at best or a couple of years at worst (for yourself).
You will remember this conversation just like people remember every word I said about Bitcoin early on.
I've always said that the magical properties of bitcoin's decentralization don't do diddly squat for all the people who got pushed into custodians by a horrible roadmap. it means nothing if bitcoin is decentralized.
