The progressive movement of the past decade has been centered around one core philosophy - the 1% should not have the amount of wealth it does v the 99%
But, an even more radical and transformative i...
The Bitcoin consensus follows the majority of all economically active nodes. Hence it is as susceptible to control by capital and hence affected by the wealth inequality as everything else.
The insane wealth inequality we see today is one of the major risks to Bitcoin and probably has captured it already in the sense that if the community would implement improvements that go against the wishes of blackrock, sailor and some big exchanges, it had no chance of ever making it into the network.
The insane wealth inequality we see today is one of the major risks to Bitcoin and probably has captured it already in the sense that if the community would implement improvements that go against the wishes of blackrock, sailor and some big exchanges, it had no chance of ever making it into the network.
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