> Decentralized can have many meanings. What is important is that you can transact with anyone without a third party having any say.

I understand the premise of decentralised transactions, it's just that if the value of the currency can be manipulated by small group, it is not removing the need for trust, just shifting it...

> As long as they do not collude to destroy or disrupt the network it has no relevance at all.

I thought the point of decentralisation was to remove the need to trust others...

> As Bitcoin is practically useless due to high fees and congestion, I agree. But not because the reasons you gave.

AGREE! 7tps vs Visas 4,000tps with a peak capacity of 56,000 tps...