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I don’t understand why so many people hope that BTC and ETH can freeze hacker funds like centralized stablecoins. Isn’t decentralization precisely what makes BTC and ETH truly appealing? It’s neither realistic nor necessary for the entire world to be decentralized. But if the entire world were centralized, what would be the point? Centralization and decentralization are like rice and dishes—they’re best enjoyed together.

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