you've convinced me. in order to make life fair we need rules which level the playing field
decentralization is the key to victory, if a there are no miners in africa bitcoin will fail!
decentralization is the key to victory, if a there are no miners in africa bitcoin will fail!
Ah, the classic reduction to "omg socialism." Face it: bitcoin is centrally planned. Satoshi was the greatest of all central planners, for he established the money supply of 21 million coins, with controlled inflation. Can't separate engineering from planning.
You can accept that decentralization is a goal to be achieved, or not. If the truth is that you don't care at all how centralized mining becomes (therefore how much control a single entity or cartel may have over all users, include the power to double spend)... then you should come out and say it.
i did!
Okay, so you want all control over the network to be centralized among a few corporations. No thanks. We fundamentally disagree about what bitcoin is, and I will never be swayed to support such horrible, useless ideas.