Also, there is centralisation already, geographically, in the US. If a larger block size resulted in the US government legally as well as geographically having, say 30% of the hashing power, not sure ...
I don't think the US govt could have 30% of the hash power. it would take years of acquiring all newly created Asics to put into mining to compete.
the US can have the majority of hashpower, but not the govt. that'll take years to get all the new chips.
current miners can leave the country if needed. not as important where the miners are centralized as much as who the miners are. right now they aren't govt miners.
mining pools on the other hand, are centralized and needs to be addressed. probably by changing the subsidy algorithm to give all miners equal rewards. not just the winner. therefore eliminating pools.
ALSO YOU SAID BTC ISNT VALUABLE IF IT CANT BE USED AS MONEY ... being used as money is almost not even important, to me. value STORAGE is the "killer app" of Bitcoin. and it's doing that already.
no country really has a money spending problem, they have value storage problems.
the US can have the majority of hashpower, but not the govt. that'll take years to get all the new chips.
current miners can leave the country if needed. not as important where the miners are centralized as much as who the miners are. right now they aren't govt miners.
mining pools on the other hand, are centralized and needs to be addressed. probably by changing the subsidy algorithm to give all miners equal rewards. not just the winner. therefore eliminating pools.
ALSO YOU SAID BTC ISNT VALUABLE IF IT CANT BE USED AS MONEY ... being used as money is almost not even important, to me. value STORAGE is the "killer app" of Bitcoin. and it's doing that already.
no country really has a money spending problem, they have value storage problems.
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