Post
Topic
Board Bitcoin Discussion
Re: How are the banks corrupting Bitcoin?
by
CoinHeavy
on 02/12/2015, 04:09:50 UTC
A curious parallel train of thought that I have heard goes something like this:

As the number of Bitcoin nodes continues to decline and mining centralization continues to be an issue, does Bitcoin's decentralization become a less compelling argument in it's favor when compared with potentially looming blockchain offerings run by existing banking institutions?

Not my own argument but perhaps it is worth considering.

see:
https://bitnodes.21.co/dashboard/?days=365
https://blog.ethereum.org/2014/06/19/mining (from last year but still relevant)