2 ms·

Giving all the power to a bunch of Chinese miners doesn’t fit my definition of decentralisation honestly. I still believe much more in the banking system subjec

Giving all the power to a bunch of Chinese miners doesn’t fit my definition of decentralisation honestly. I still believe much more in the banking system subject to different governments than anything that is (or can easily be with a minimum effort) in direct control of one single government quite famous for his absolute control over everyone and everything.

thinkloop 9y ago
There is nothing systemic or inherent to China having a lot of hash power. They just happen to be strong in silicon manufacturing. This will likely decrease over time and is different from being centralized by rule.