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Not to mention the centralization of much of the coinage of BTC/Ethereum in the cryptocurrency exchanges. The killer feature of BTC is the ability of the entire
by jimbob45 5y ago
Not to mention the centralization of much of the coinage of BTC/Ethereum in the cryptocurrency exchanges. The killer feature of BTC is the ability of the entire population to achieve consensus about who owns what and have ultimate faith in the whole process. Owning BTC through an exchange is antithetical to the whole concept of BTC.
It's questions like yours that never get answered when others are trying to sell me on cryptocurrencies. These are basic questions that must have answers before BTC would ever be able to operate as a currency at all, let alone the currency.