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> why wouldn’t they just demand everyone else hand over their cash? Because it's not in their best interest. If the 1% pulled something like that off, the pric
by capableweb 6y ago
> why wouldn’t they just demand everyone else hand over their cash?
Because it's not in their best interest. If the 1% pulled something like that off, the price would drop a lot and therefore their ETH would be worth less.
It's one of the core pillars of any blockchain, that the incentives are aligned in a way so the best outcome for people is the one where the gain the most, so it forces them to go for that way.