Quote from: Woodie on September 11, 2023, 04:33:39 PM

Quote from: sunsilk on September 11, 2023, 03:49:41 PM

The problem with the choice of mining being centralized is that it doesn't portray anymore bitcoin as a wholly decentralized cryptocurrency.

We do want to have a support from the government but if it's going to take even mining to become centralized, how is that going to go? Like everyone has to register every time we get some transactions?

I don't think that many are going to stay with that type of setup.

Agreed, as much as we love our government being involved in our crypto business, the is a line that they can not cross as this interferes with the decentralized ecosystem of bitcoin.

We know that there's the good and bad side effects of it in the entire ecosystem of Bitcoin when the government is there. The adoption could be wider and faster but the features of it might not be ideal at all.

Quote from: Smack That Ace on September 11, 2023, 12:32:07 PM

For me, I will choose money because privacy cannot feed my family, cannot help my children have delicious meals on the table and the best learning environment.

It's all about your priority and there is no doubt that one will choose to feed his family over decentralization and privacy as these won't matter when you've got no food in the table.

And even how fanatic you are with these things when your stomach growls, you'll only think of what's important.