Post
Topic
Board Bitcoin Discussion
Re: What will happen if Tech Giants get into Bitcoin or Altcoin Mining?
by
Patatas
on 17/12/2016, 07:35:55 UTC
What will happen if Tech Giants Like Google, Microsoft, Amazon starts investing in Bitcoin or Altcoin Mining?
They will end up centralizing the network and controlling bitcoin,in short words - we're fucked.
You can write a essay about logical side of the story and prove me I'm wrong but Tech Giants don't do anything besides making money .Plus it wouldn't really make sense for Tech Giants to take up Bitcoin Mining on a large scale since it isn't lucrative in  the long run.