Quote from: Abiky on Today at 02:42:44 AM

Quote from: cryptosize on March 25, 2024, 03:35:31 PM

Do you guys make posts like this to fill your daily campaign quota or what? Roll Eyes

The BTC network is still decentralized, despite BlackRock having tons of BTC:

https://miningpoolstats.stream/bitcoin

I don't see LTC changing either:

https://miningpoolstats.stream/litecoin

For now. But things could change in the future if miners and node operators defect to companies' own interests. What's stopping BlackRock and other giants from running their own nodes and miners? If they accumulate a large portion of the circulating supply, self-custody of BTC would be hard to achieve in the long run. We should empower people to take control of their own keys/seeds instead of leaving their coins at a CEX or custodial wallets.

Owning coins vs owning the hashrate. 2 different things.

We're not talking about PoS coins like ETH.