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This is why I think "decentralization" will never work. It's just a power vacuum, that will be filled/abused one way or the other.
by jhatemyjob 7y ago
This is why I think "decentralization" will never work. It's just a power vacuum, that will be filled/abused one way or the other.
- bduerst 7y agoPrecisely. It turns out that despite some of it's flaws, having your currency managed by a central organization that is incentivized for stability tends to work better than a handful of data miners stealing electricity in China.
- jhatemyjob 7y agoAnd whoever owns the domain https://bitcoin.org https://bitcoin.org.