Replying to b7c7f5d3...

Could you touch on the centralization issues? Assuming it is mined and not purchased via kyc exchange.
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Pattern 9mo ago

Mined basically in 2 pools that control at least 60% of hashrate.

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Hanshan 9mo ago

boy do I have some bad news for you

😬

(its also known that some of those smaller pools are just fronts for Antpool)

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Pattern 9mo ago

Yes and those aren't the only problems of centralisation in bitcoin, Wal street paper bitcoin can be worse than this

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Pattern 9mo ago

And echo chamber bitcoines (often with little to none perspective) who doesn't think for themselves, can be a great threat to bitcoin too

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Saberhagen The Nameless 9mo ago

A potential problem both Bitcoin and Monero share. At least Monero has decentralized mining with P2Pool available though. Afaik Bitcoin doesn't have an equivalent even with StratumV2

https://xcancel.com/aeonBTC/status/1903213215921967210