The fiat brain thinks that bitcoin mining pools equal centralization but giant corporations using ETFs to hold 15% of a company does not.
I don't even have it in me to explain how stupid this is. π€·
The fiat brain thinks that bitcoin mining pools equal centralization but giant corporations using ETFs to hold 15% of a company does not.
I don't even have it in me to explain how stupid this is. π€·
Do people understand how much red tape (and permission) there is for me to move my money out of an ETF? I can jump to a new pool or shut my miners off in seconds
It's as good as the:
"What if my bitcoin isn't secure, I could get hacked and have it all stolen? Or what if it loses value? I keep cash."
REEEEEEEEEEE
Ugh π€£. This reminds me of the 10,000 times I've heard shitcoiners claim that staking and mining pools are basically the same thing.
I know nobody is going to attack bitcoin by shutting the Internet down but what do you think about this article? Regulating the wallet providers?Should bitcoin holders be concerned?