>>60741235First of all, people don't have to actually care about decentralization in order to avoid investing in a chain due to centralization FUD. Here's how a lot of decisions in crypto speculation is made:
1. Some clueless guy has heard about blockchains and want to invest.
2. They want to know what coin to buy, so they do some minimum research, ask their cryptobro cousin or watch some youtube videos from self-proclaimed crypto experts, or something like that.
3. Their source spreads the misconception that Ethereum is centralized and that bitcoin is the most safe and secure chain, like so many of them do.
4. The clueless guy doesn't care about decentralization, they don't even really understand what decentralization is, he just understands that their source of advice said that somehow ethereum is bad and that bitcoin is good, using fancy buzzwords that make the advice seem trustworthy.
5. Therefore, he buys bitcoin instead of ethereum.
6. Some time passes, choice-supportive bias has taken hold, and now he is one of the people who repeat the misconceptions about Ethereum and bitcoin to others who now come to him for advice.
In other words, it's not actually about centralization, it's just FUD in general. Repeat something enough times and people will believe it. It's just that centralization is a low hanging fruit talking point since ostensibly the whole point of blockchains are decentralization.
cont.