Post
Topic
Board Bitcoin Discussion
Re: someone fucked up and lost ALOT of money
by
casascius
on 05/11/2011, 23:11:12 UTC
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So people might come up with the idea of proxying this decision-making. This might put the decision-making into too few hands, of course, and all the decentralization is down the drain.

I don't think this is a good idea, therefore.
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In a way, this has already happened.  Surely the three (or so) largest pools already constitute exactly what you have described.