Post
Topic
Board Bitcoin Discussion
Re: What to do when BTC is overrun by a centralized mindset?
by
celebreze32
on 22/08/2016, 20:15:44 UTC
After putting a few feelers out there it is obvious what you will do.

You will follow the status quo and do nothing to flush out the sickness.

These are your own words. That's what YOU would do, or so it seems. You cannot generally apply a rule.

Bitcoin is looking good and there are no other cryptos worth moving your BTC to. Mining will get better soon with western business coming in the game (like McAfee)

For now, eastern countries have way better energy costs. Unless western countries (like the USA) bet even more on renewable energies, they will not be able to match hashrates and infrastructures found on the East.

Bitcoin will never be overrun by a centralized mindset because its miners are dispersed all over the world. Maybe China dominates mining, but there are miners in western countries, and there always will be. As long as mining is a worldwide activity no centralized mindset can control it.