@realroach of course commodization of mining is nonsense. And Bitcoin will be entirely centralized at the Zionist end game, exactly how they planned it when they created Bitcoin. Where is that link to Szabo's federation theory of mining? I think it's somewhat true that the game theory of proof-of-work prevents a rogue whale/miner from taking 51% control to do abhorrent actions which destroy the system. Yet at the end game (which is perhaps decades from now) of the death of stored, fungible monetary value, all those whales are locked into a "one for all, all for one" top-down, totalitarian control system to try to sustain the value of their useless stored value units.

Now understand my prior post (the quote of my discussion with CoinHoarder) and my theme about the knowledge age is about where blockchains are going that the creators of Bitcoin may not have realized:


Yes because he was fungible (replaceable). That was the key theme of an essay I wrote circa 2012 or 2013, about why technology has the potential to move us beyond fungible investments and finance. It's difficult to own or finance creativity, because it's not fungible and thus can't be aggregated in economies-of-scale.

The "Zionists" (kings of finance and capture of the government with their economies-of-scale) may be at the end of their rope and taking all the collectivism morass down with them. Socialism was necessary for the fungible slave to have a bargaining position. Voting was superior to constant civil war.


Thus, another 10,000X gain may still be coming for the project which fulfills my knowledge age theme. Bitcoin may not be the last one we will see in our lifetime. The train may not have left the station yet.