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"decentralized" as a term is fine. That picture above the label "decentralized" has a center and is therefore not centralized. I would wager that decentralized and distributed are synonyms.

What do you mean by distributed @everittdmickey? Sounds interesting...

distributed is much like a mesh.

Interesting. What's the difference between distributed and decentralized?

I'm also interested in others views on this subject. I feel they're very similar, but not quit the same.
thoughts?

Yes, however BITCOIN is actually an Autonomous Decentralized Distributed Value Network. We suppose you could say we are following the Developments and Experiments that BITCOIN and the rest of the Cryptoverse are trying. We have Upvoted your comment and appreciate your comments and suggestions.

@everittdmickey That would be IOTA & its distributed ledger my friend :)