Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
TPTB_need_war
on 22/06/2015, 00:33:39 UTC
I can't see a future with less than a thousand or so nodes.

I don't buy the "centralization" fears related to increased blocksize.

Because you don't factor in the government's ease of regulating 1000 permanently sited nodes compared to zillions of ephemeral nodes in a truly decentralized system.

KYC required on every transaction is one of many potential horrific outcomes of your "decentralization = 1000 nodes".

Smart?


TPTB_need_war was already confused thinking that the block subsidy would have become "so minuscule it has essentially stopped funding mining" by 2032  Wink

WTF  Huh I already explained your myopic incomprehension of what I wrote upthread. And you repeat your incomprehension again  Roll Eyes