Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin or any other mined coins won't work...
by
Nerazzura
on 24/06/2014, 18:05:40 UTC
1 Timothy 6:10 The love of money is the root of all evil....

This is perhaps the most true saying I've heard.  The love of money (or power, prestige, etc) is the root of all evil.

One day, one entity will control all the pools, it's that simple.  All they need to do is make an offer that the pools cannot refuse.

I'm not sure if other mined cryptos are the same way since I don't have time to explore them.  But in the end, someone or entity is just going to take over bitcoin in a fascist way.


true, money can make a blind and do anything to get what he wants, especially if they have positions they will easily buy and master all the existing pool, and that of course it would undermine the work that has been done by the previous