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" It’s obvious if you look at major cryptos: a small number of people hold a large amount of the crypto wealth, and a few mining pools control the majority of t
by galaxyLogic 5y ago
" It’s obvious if you look at major cryptos: a small number of people hold a large amount of the crypto wealth, and a few mining pools control the majority of the mining activity ... "
- mattrighetti 5y agoThat can be found in pretty much everything. It’s called Pareto Law [0]. [0]: https://en.wikipedia.org/wiki/Pareto_principle https://en.wikipedia.org/wiki/Pareto_principle
- shafyy 5y agoOf course. But the point is that crypto won't bring along a better system. It's just the same shit, rehashed (no pun intended).
- robbedpeter 5y agoThat's not the point. The point is that systems, better or worse, don't change distribution. They're all Zipfy. Bitcoin is as Zipfy as the USD or the Chinese yuan. They're all subject to the math underlying human behavior. If it doesn't look Zipfy, it's not real.