Post
Topic
Board Bitcoin Discussion
Re: How Bitcoin was hijacked and centralized
by
FreeStreamer
on 18/07/2020, 14:43:26 UTC
It's too slow and nobody uses it.

Transactions last 24H - 313,697.
How is that possible when nobody is using it?  Roll Eyes

Coin speculation is not a real utility and user case.

Bitcoin has a design flaw that makes it distribute mining rewards unfairly, so the miners started merging into mining unions to agree about sharing the rewards equally.

Wait, so the Miner's Union fixed the imaginary flaw?  Grin Grin

It's not an imaginary flaw. Bitcoin still as increasing blocksize, which deals rewards unevenly.

The largest merger was named Blockstream which pretty much controls all Bitcoins miners

And your proof for this is.....

Look it up. The truth is out there