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http://inertia.posterous.com/bitcoin-mining-cartels-a-total-non-threat http://inertia.posterous.com/bitcoin-mining-cartels-a-total-... Already discussed months
by kiba 16y ago
http://inertia.posterous.com/bitcoin-mining-cartels-a-total-non-threat http://inertia.posterous.com/bitcoin-mining-cartels-a-total-...
Already discussed months ago. Bitcoin critics are for some reason less knowledgeable about potential weakness of bitcoin than bitcoiners who are enthusiastic about bitcoin.
- binarybits 16y agoExcept that that post addresses a different problem than the one I raise.
- euccastro 16y agoYes, but in all fairness, that post addresses problems that can result from a computational attack. The one you raise doesn't need such at all. If a state wanted to compete with Bitcoin on all features but distributedness, a peaceful fork in an independent network would have essentially the same effect.