Twitter is the gift that keeps on giving...
The absolute insane things you get to read everyday in the crypto space, truly is mind blowing.
In today's epic journey on web 2, we got treated to a real gem...
Courtesy of CoinGecko.
Ready for it, it's awesome....
I'll get into my thoughts about this in a minute, but for now, let's highlight some of the amazing members of this community, and their epic replies to this...
First up, I give a nice golf clap to @vaultec for the reply. And I agree completely, someone needs to show the definition of decentralized to our friends at CoinGecko!
The legendary @lordbutterfly decided to help CoinGecko out, with a brief overview of what should not be considered decentralization. Bravo sir!
And let's just do one more, because I'll get carried away. A great reminder from @guruvaj
Hey look, Hivians CARE about CoinGecko, and we're just trying to help them with their definitions ;)
Seriously though, this brings up a big problem that is disease in the crypto space. I blame this on the powers that be, you know, the 'influencers' that love to scream decentralization and web3...But as we see, don't even know what it truly means.
How do we fix this?
I really don't know how much more Hive can do.....We literally live, breathe and die this stuff. So we're actually products of our product. However I still think our use of Web2, should be used to call this insanity out like we did today.
These companies that make millions off of crypto, rarely actually use...Crypto.
What's worse....Is that now they are labelling projects that are clearly not decentralized, the most 'active'. One look into Steemit, and you know it's all bots. So inflated numbers gives them the second overall spot?
Really?
Odysee, as much as they say they are decentralized, are not. But they at least have real users.
Gab, Mastadon, Mirror, Bluesky, Minds, Lenster, MAIN, Snort.....Never even heard of half of them. But the ones I did, aren't even on blockchains....How on earth can they be decentralized?
But look at all the Hive based applications on the list. Real users, real decentralization, real web3.
I do wish CoinGecko would truly represent this industry with providing their viewers, readers and users with information that is legit. This seems like another case of 'they pay for advertising on our platform, so we'll list them'....Who knows. But that's always how Web2 stuff has worked in the past.
So there's lots of work to do....And Hivians always show up. I'm so honored to be a part of this community because anytime we see 'bull', we always show up on Twitter to inform and correct.
Is it falling on deaf ears?
Not sure, but I know I'll keep highlighting what really is.....Decentralized web3!
