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And yet, in some sense, cartels are exactly what we have, in the form of mining pools.
by acjohnson55 9y ago
And yet, in some sense, cartels are exactly what we have, in the form of mining pools.
- rothbardrand 9y agoless than perfect decentralization is still more decentralization than a monopoly. in this case the competition is a monopoly (eg fiat)
- QAPereo 9y agoAnything that isn’t a monopoly is, “more decentralized than a monopoly.” ...