3 out of the top 5 cryptocurrencies are centralized. This is not what crypto is about.

Top 5 cryptocurrencies by market cap.

1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Binance Coin (BNB)
4. Tether (USDT)
5. Solana (SOL)

Out of these 5 only 2 are decentralized - Bitcoin and Ethereum.

The other 3 are centralized - Binance Coin, Tether and Solana.

When Satoshi created Bitcoin, I’m pretty sure this not what he would’ve wanted. He wanted a decentralized peer-peer payment system.

Later, Vitalik used its technology to create a smarter network. (Doesn’t mean better).

Decentralization is so important due to so many reasons - the main one being freedom.

At any moment centralized cryptocurrencies can suspend transfers or create 100 million more tokens making your stack worthless.

Cryptocurrency is a way for a decentralized financial system. Giving power to people!