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I think the 51% attack of bitcoin is a similar phenomenon. If someone owns 51% of the market, trust from outsiders/customers is basically destroyed. At that poi
by ghthor 9y ago
I think the 51% attack of bitcoin is a similar phenomenon. If someone owns 51% of the market, trust from outsiders/customers is basically destroyed. At that point the dominate player can systematicly destroy the competition through pure economic power.