Post
Topic
Board Economics
Re: Taxless society idea
by
BitHodler
on 29/08/2019, 21:38:06 UTC

Crypto is still not so much used like a money and  crypto is still too young and very much controlled by miners
Each pool people think controls a large chunk of Bitcoin's network, consists of thousands of smaller miners pointing their hashrate to them. It's not as centralized as it may seem by looking at the pie charts of the hashrate distribution.

Positive development is that there have been various proposals to further decentralize the network further by for example allowing the individual miners to choose which transactions they mine instead of the pool operator.

Even you as smaller miner with just a few thousand dollar worth of equipment will be able to contribute. Isn't that something to look forward to? We're here for the same reason, which is to see Bitcoin succeed. Smiley