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I think they mean it is true in the same sense that "anyone can be president of the US" is true, e.g. true in theory, but in practice, it requires significant w
by upvotinglurker 9y ago
I think they mean it is true in the same sense that "anyone can be president of the US" is true, e.g. true in theory, but in practice, it requires significant wealth which most do not have. I would have worded it differently than calling it a "lie" though (since it technically isn't).
- knocte 9y agoBut since "everyone being a miner" doesn't solve anything (even if everybody decides to donate their electricity without getting profits), since the ASIC manufacturers would still control the majority of the network, then any argument based on that analysis is moot already. (Yeah sorry I should not have said "lie" but just "infeasible" and "useless".)