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by Frogolocalypse 3282 days ago
> You don't need everyone to have a complete blockchain.

You do if immutability, censorship resistance, and resistance to state capture is what you hope to achieve with your crypto.

> Etherium, for example,

If Vitalik Buterim were to be arrested for whatever, or if he were even to just have a skiing accident and die suddenly, you'd see how important that decentralization is in bitcoin. There is no single point of failure in bitcoin. That's the point.

Hey, for what it's worth, I think the tech behind ethereum is great. Most of the people who acquire it have no idea really what it is good for, but it has real potential. But as a 'store of value'? That's just one of the things that it isn't designed for.