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The ledger can be public and people can choose what code to run, but someone started it. Do does anyone know how distributed (as a running system, not as a prot
by airhead969 6y ago
The ledger can be public and people can choose what code to run, but someone started it. Do does anyone know how distributed (as a running system, not as a protocol) BTC actually began vs. is? And someone early likely has a giant pool of BTC. Does anyone suspect BTC is a long con?
I'm not talking about who is holding money at present time, but running away with the value from piles of BTCs (either historic wallets, customer wallets, or modern investment), cashing-out, and dumping BTC's value.
- DennisP 6y agoHow would that be more of a con, than a company founder who holds a large amount of stock?
- airhead969 6y agoIt's entirely different if a "founder" can walk away with their now insanely valuable "stock" or someone else's "stock," effectively a partial pyramid scheme.
- DennisP 6y agoI mean, Elon Musk could sell a large amount of TSLA if he wanted, just like Satoshi could theoretically sell lots of BTC. Neither can sell someone else's holdings.