Post
Topic
Board Bitcoin Discussion
Re: I will not agree to a "Bitcoin Mining Council."
by
pawanjain
on 14/06/2021, 14:51:09 UTC
There's no denying it: Bitcoin is the only DECENTRALIZED method of payment in the world. No one controls how it is operated or mined.

Neither mining nor any other council is necessary. A rich person is yet again trying to exert influence over Bitcoin. Bitcoin uses energy and it is not a secret. The choice is yours whether you want to take it or not. It is not Bitcoin that is ruining the world, it is fossil fuel plants, cutting of forests, and millions of factories. Wouldn't it be better if they addressed that?

Why not just use any other Cryptocurrency if they don't like the energy of using Bitcoin? I believe that their biggest concern isn't energy use.

What are your thoughts on the matter?

No true bitcoiner will ever like the idea of the bitcoin mining council. Elon Musk has been making tweets and use his influence to manipulate the market.
He is using his influence to create a mining council and disrupt the decentralization of bitcoin and there's nothing we can do about it until the miners self realize this fact.
This is one of the disadvantages of an open community. I all depends on the miners now.