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> Even if we do end up on a nominally crypto-backed monetary system, I would expect any governance (even decentralized) to favor the incumbent wealthy as much i
by thatfrenchguy 7y ago
> Even if we do end up on a nominally crypto-backed monetary system, I would expect any governance (even decentralized) to favor the incumbent wealthy as much if not more than our existing system
Because they can own all the GPUs/ASICs/whatever you'll use as proof of work / proof of stake for your cryptocurrency ?