The argument is that anchoring your consensus to something artificial, completely misses the point of PoW and diminishes the incentives for decentralization.
So you're saying you don't understand how the monetary policy of a chain contributes to the coins value? Do you know about bitcoins 21m cap and difficulty adjustment?
Watching the news grapple with the Fed's loss of control warms my heart
#jobnumbers
"The floggings will continue until morale improves" - The Fed probably
States aren't super fond of becoming less powerful. With that I mind see Jeff's original answer.
A hard fork can change Bitcoins fiscal policy. Changing Bitcoins fiscal policy would make it worthless (no longer hard money).
Bitcoin is sufficiently decentralized to the point where a hard fork is virtually impossible. This makes Bitcoin valuable.
If your coin requires hard forks to maintain one of its "features" (ASIC resistance is a bad "feature"!) then it's soft money. A shitcoin.

"BTC is centralized via a handful of Bitcoin Core developers/maintainers and the company Blockstream." ... "Even BCH is better decentralized by node software and CHIP upgrade proposals in practice."
Hello?
Yeah, I'm the troll 😂
It's the sign of someone who's tired of arguing with buzzword/soundbite zombies.
You just called Bitcoin centralized and BCH decentralized with a straight face. You're not worth arguing with. Those are INSANE comments completely disconnected from reality.
It's an expensive purpose built miner that achieves a hash density that would be very expensive to compete with at home. It "not being an ASIC" is the worst kind of overly semantic argument. It's a distinction without any significance.
It's a perfect illustration of why trying to arbitrarily and artificially limit hash density is asinine. You can't stop specialization. You can only anchor to thermodynamics.
I don't owe you a multi paragraph explanation lol
I already said it's a shitcoin because it's not sufficiently decentralized. I already referenced the hardforks and ASIC resistance. These aren't knew arguments...
What if they can do what? Hardfork?
oh ffs... that is what you got out of that?
I am saying Monero is NOT sufficiently decentralized.
I am saying hard forks demonstrate centralization.
I am saying RandomX and the concept of ASIC *resistance* is in-and-of-itself, even without considering that it required a hard fork, a terrible idea that has the opposite effect you think it does.
ASIC *resistance* completely misses the boat on why PoW is so novel. A hard money has to be anchored to something unmovable and incorruptible. The entire point of PoW is that it anchors the time-chain to the laws of physics. It decentralizes control of block production and only rewards cheap energy.
ASIC *resistance* completely misses the boat and instead attempts to anchor the blockchain to something artificial and corruptible (hello antminer x5!). To maintain ASIC *resistance* another hard fork will be required. It's artificial.

