Man, I like Jeff Booth, but sometimes the statements he makes are wild:
- "They can't kill Bitcoin because when they attack it, it just keeps getting stronger, so they'll try to co-opt it."
- "As long...
I think this resonates with reality.
'Not great, not terrible' in a kind. Depening on the view point as always. Terrible for separating money from state. With spam it becomes terrible long term electronic cash. But not terrible as a hedge (because also the bad guys use it as such).
Sadly, up until recently I was thinking its more on the great side.
I had a hope that Chinese and US miners will be more of competition / rivals even assuming national level influence. More sovereign lets say. Though thats not the case.
What are your thoughts on 98% of miners (US, China, the rest) acting as one?
'Not great, not terrible' in a kind. Depening on the view point as always. Terrible for separating money from state. With spam it becomes terrible long term electronic cash. But not terrible as a hedge (because also the bad guys use it as such).
Sadly, up until recently I was thinking its more on the great side.
I had a hope that Chinese and US miners will be more of competition / rivals even assuming national level influence. More sovereign lets say. Though thats not the case.
What are your thoughts on 98% of miners (US, China, the rest) acting as one?
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