Ahhh yes, toks delusional view of miners, that they are these majestic and pure white knights of the crypto world, providing the foundation and security of what we all hold dear.
Rubbish. In my view...miners as they are today are the biggest risk to cyrpto currencies moving forward. The control of the total global hash power of the crypto world in the hands of only a few players in countries that are hostile to freedom and free will. I mean what could possibly go wrong.
His insistent view that a crypto currency is only worth the value that it places on miners is at best dishonest and at worst an outright lie. Yes...mining as possibly envisioned by Satoshi was fantastic ideal...that once implemented morphed into a cesspool of centralized manipulation that we see today. A colluding cabol of a small handful of players that control many of the projects in this space.
I for one believe in holding this power in check...and in fact minimizing our reliance on such a centralized cancer that mining has has become, essential!