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"All other projects..." is an overstatement. I have, however, sadly observed that projects initially built via a hierarchical organization (for example a VC-funded company) almost always stay centralized, which destroys the main value prop of blockchains, trust minimization. https://twitter.com/peacedafout/status/1019989032846020608 …
The problem with centralized orgs destroying trust minimization, and thereby destroying global seamlessness, censorship resistance, &c, is a far bigger problem than funding dev. Bitcoin manages, via both pecuniary & non-pecuniary motives, to attract many very skilled developers.
The lack of central control scares a lot very powerful people, who in consequence controls money, which allows then to act very efficiently on undermining the decentralization evolution
All hail the cypherpunks
Damn right, not even 10.000 Ethereum shit developers can replace one Greg Maxwell. Same goes for Poelstra, wuille, corallo and many others!
centralization will help usher in mainstream adoption- both surface transactions (e.i through an exchange) and private (wallet to wallet) can co-exist in the same world
Largely agree. Bitcoin pays Jihan Billions, and in return he & the mining mafia marketed for Bitcoin. Aside that, no incentives (aside “hackers”, and wild price swing predictions). But WhalePanda is clearly economically motivated & do “Bitcoin Devs” withhold hacks for profit?
All the same, people have likely donated more cumulative time to Bitcoin than every other project combined, largely due to their expanding social structure, and has been one of the most under appreciated things in blockchain.
Also it's bullshit to call Bitcoin leadership "decentralized". The 'leaders' of Bitcoin are sock-puppets. The gen pop is fooled into believing "Satoshi" "Cobra" and "Theymos" are different people, but you and I know that is not proven. These could all be the same, a marketing lie
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