Algorand Governance Feedback: Decentralization Concerns

@awesomecrypto

You do realise the objective of Algorand is a truly decentralized network, right? In order to be decentralized there are consequences and it means sharing the responsibility and decision making with people that you might consider inferior or have a different opinion than yourself.

Another reason why the network must achieve decentralization is because the SEC indicated that bitcoin is not considered a security due to their decentralized nature. If all decisions are governed by the Foundation the SEC might view the token as a security and every transaction must be scrutinized and everybody vetting for compliance reasons.