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...
Well the govt could just buy the top US miners or pass legislation forcing a sale, a la tic toc.
Pools seem more flexible to me, since changing from a pool that suddenly has bad intentions is just a techical hurdle, not a physical one.
Don't agree with your last point. If bitcoin can't be used as money it is worthless. Extrapolate transaction fees out. Imagine fees are a million usd per transaction. You can't even buy it just to store value.
Pools seem more flexible to me, since changing from a pool that suddenly has bad intentions is just a techical hurdle, not a physical one.
Don't agree with your last point. If bitcoin can't be used as money it is worthless. Extrapolate transaction fees out. Imagine fees are a million usd per transaction. You can't even buy it just to store value.