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Precisely. why do you think the Bitcoin people are so self-contradictually enthusiastic about El Salvador and other countries experimenting with treating it lik
by ChainOfFools 3y ago
Precisely. why do you think the Bitcoin people are so self-contradictually enthusiastic about El Salvador and other countries experimenting with treating it like fiat? Mining farms are fragile targets that can be destroyed with a jerry cans of gas, and increasingly centralized.
The blockchain doesn't protect jack shit. if someone wants to take out key infrastructural concentrations it's the police forces of the respective territories these mining farms are located in that are going to guarantee the actual security for the protocol.
The great irony here is that this very protocol or, rather the people who promote it, are doing so specifically to undermine the stability of the economies they depend on for their project's physical security.
It's amazing that these self- dealing sociopaths have made it as far as they have.