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> I am really surprised that people seem to think that the less-centralized nature of bitcoin makes it that much more resistant to government interference Why?
by darawk 8y ago
> I am really surprised that people seem to think that the less-centralized nature of bitcoin makes it that much more resistant to government interference
Why? Decentralized systems are sort of the standard way of defeating centralized governments. See: Tor, Guerilla warfare, Lone wolf terrorism, etc..
- Nursie 8y agoBTCis centralised in various ways. It's likely that one actor (Bitmain) could muster 51% hash power relatively easily. There are relatively few on-off ramps for the ecosystem. These two facts alone point to possibilities for interference at a large scale.
- deleted 8y ago[deleted]