my two pence on the subject: power is the ability of a person to direct his own path in life.
erick calder

… Only that it doesn’t. Bitcoin wealth is hyper concentrated and mining is far from decentral. It’s just other central actors controlling it than central banks. Try a headcount of how many people control 51% of the mining power… I bet it’s less people than those who (admited, indirectly) vote on the head of the central bank of a smaller international currency like the Yen or the Swiss Frank.

Like what you read? Give Tim Reutemann a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.