I warned about this a few weeks ago, and people were skeptical. But sadly “in retrospect it is inevitable”. Where is the flaw? https://news.ycombinator.com/item

I warned about this a few weeks ago, and people were skeptical. But sadly “in retrospect it is inevitable”. Where is the flaw? https://news.ycombinator.com/item?id=26220992 https://news.ycombinator.com/item?id=26220992 Let me refine my prediction to describe the transition period. Bitcoin will actually deepen inequality in the world, by robbing the third world countries of electricity first, and no one in first world countries will care. The politicians of the third world countries would be paid off similarly to how Nestle or CocaCola buys up lakes and pollutes them. And privately owned infrastructure and lakes will fall even faster.