Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
TPTB_need_war
on 21/06/2015, 05:52:31 UTC
It's been clear to me by my reading if the news that for quite a while now traditional institutions have been laughing at us because of our miserable 2-3 TX/'s bottleneck.

Bitcoin can in theory give them very high Txs/sec (and Txs/block) by centralizing the mining onto to higher powered miners.

They may not care when that centralization leads to mandatory KYC tags for all transactions on the block chain due to regulatory capture of hosted mining.

Some other individuals will care about privacy and be pissed off that Bitcoin became another fiat, and they will leave to coin that can remain decentralized and anonymous.