It's not true that if you use decentralized blockchain or platform, you will always have tax free. With Bitcoin blockchain, you only have to pay transaction fee but with altcoin blockchains and decentralized exchanges for altcoin trading, you will probably have to pay tax. It depends on that DEX policy and tax policy of that project.

Some altcoin projects like high inflationary altcoins in GameFi, Metaverse, NFT, can set very high sale tax fee.

Thanks for the information that is interesting and it is my first time to know such a chart on VAPs, Non-VAPs. I notice it is some years ago and probably there are changing trend after Terra, FTX and some lending platforms in 2022.

Nevertheless, any trade-offs should never compromise the concept of inclusivity, which decentralization promotes. If we had Bitcoin and governments could dictate its direction, thereby restricting citizens' access to it whimsically, it wouldn't have fulfilled its objectives just because a few centralized companies like Binance and Coinbase are making money. The concept of decentalization puts control in the hands of ordinary people. A Benduin in the deserts of Iraq should be able to make a financial transaction without recourse to the government's financial system. There should be no rule that says that all financial transactions I make in my country must be in fiat and that the government must know about them, at least until I exchange those funds. A peer-to-peer system should be accessible to all without governments' input. 

Has Bitcoin lost it decentralized nature? Bitcoin is still decentralized and many of the crypto that where modeled after Bitcoin still has thier decentralized nature but that doesn't mean that if the owners of such project choose to link themselves to the project and refuse being anonymous just like Satoshi did that it has changed it from being decentralized. The very concept of a coin being decentralized isn't even that the brain or team behind the creation of those kind of coin is known, as long as users have full control of the said coin instead of a single person or group of people having control of it, then it's decentralized.

That is the main issue with altcoin and the reason why most People don't still consider most of them an investible asset. Most of them aren't decentralized but have some level of possible manipulation that can go on with it which makes Bitcoin totally different from them. When using an exchange to buy your Bitcoin, you might provide your kyc which only reveals your anonymous self but doesn't still makes Bitcoin to become centralized. As long as you're not keeping your Bitcoin in a centralized exchange but you're securedly keeping it in a cold storage, you're just right on track and the concept of Bitcoin being decentralization hasn't failed a bit.

Definitely I think op is confusing him self with those terms. A decentralized system works without any third party or central authority having control of the system. That's different from be anonymous or having kyc. These new projects like I've said several times are just there to make profits for their developers. So I don't usually advice people to stress them self investing in such project. They might claim to be decentralized but they actually work on centralized networks where users might have to give out their personal information to use them. Bitcoin is nothing like them. It still decentralized and will remain that way for ever.  Government have tried but they hurt cannot control it. Except those who uses centralized exchanges or platforms to store their coins.

The build centralized system from decentralized components. That pretty sad actually

Not necessarily. They build what is supposed to be a decentralized platforms that can't be used without centralized platforms. An example is a blockchain browser I installed that needs centralized wallets to use/ Doesn't make sense,


You just nailed it. I saw your comment after posting this, and you obviously understand what I'm driving at. I think the concept of decentralization is largely absent in most new projects at the managerial and operational levels. That's why, beyond Bitcoin and Monero, I hardly take most so-called blockchain projects seriously.

I think OP is confusing decentralization and anonymity. A blockchain network can be decentralized but team members don't have to be anonymous. You can create a chain like Litecoin, sell off all your incentives and just leave the network in the hands of the people. That works too. The fact that Satoshi left Bitcoin and maintained his unknown identity isn't the reason for Bitcoin being the most decentralized network. Bitcoin is the most decentralized because no-one identity controls the network consensus. It's important that we make that fact very clear.

As for newer projects, I want to believe that most of them are driven by VC funds and incentives that team members stand to gain. If a network is getting revenue from tx fees and other sources, they usually establish a foundation just to keep milking the incentives such that it becomes a fruit that keeps on giving.

In my opinion I only see bitcoin being decentralized, altcoins are centralized and honestly I don't see anything wrong with that, because at the end of the day people will use centralized exchanges, they will use bank accounts, they will use crypto casinos that are also centralized. So nowadays, people complaining about decentralization, complaining about anonymity, I think it doesn't make much sense anymore. because see, why are most people entering this cryptocurrency market? The answer is simple: they want to make profits. They don't want to obtain anonymity, they don't want something decentralized, but they do want to make profits

A few years ago, when people wanted to invest in cryptocurrencies, they analyzed whether the project was decentralized or not and whether it was anonymous or not. when they knew it was anonymous at least, then they ran to invest because they thought it would be the trend because it symbolized victory over governments, but nowadays with governments interfering in this market, people even stay away from anonymous currency, they prefer to invest in coins. Memes that are centralized are mostly scams, but because they will make a profit it's okay for them. By this I mean that today the market is no longer made up of people who love certain projects, who love certain purposes such as decentralization and anonymity, today the market is more commercial, in which people enter with the sole objective: to profit and abandon the altcoin and look for another to make a profit. and because of this, the creators of new altcoins will create alts with the purpose of attracting investors, they will not create decentralization or anonymity projects, they have created something that is only profitable

Between decentralization and profit, I believe most people will choose profit over concerns about privacy, anonymity...What is the use of remaining anonymous or private when we have no money? So, you don't need to be disappointed with today's altcoins as they no longer retain the decentralized nature that bitcoin introduced as it is not something that is top of mind for everyone.
But luckily we still have bitcoin and it still retains its decentralized nature so if you like and care a lot about decentralization then you can stick with bitcoin and don't bother with altcoins. As long as bitcoin exists, the concept of decentralization will never go away.