How do any language re writes or rejectparasite args change the fact that the hashing power is centralised, if those companies switched off, would the network encounter catastrophic shutdowns??
The answer is yes! There is not sufficient independent validating nodes to resolve the issue.
Bitcoin failed. It Can still succeed. But...
Let's face it, how many people actually hold it?
How many actually use case for it are there?
It was for the people and the people aren't holding bro.
Guess who is? 😆🫡
I dont mean for underground rebels I mean in actual real world adoption?
Just pointing out facts.
Is there a concentration in bitcoin holdings?
If so where is it concentrated? 🤔
Why is it so difficult for the average normy to go get some sats?
Because it is centrally controlled.
BTC also suffers an issue with the echo chamber.
Talk about use cases and zaps all you want here. The people here are probably here because of bitcoin anyway.
It those OUTSIDE of here the normals that need to be holding. Not the business.
Michael sailor 😁 every week another 10 Billion. Monopolising p2p money 😆
Wake up people.
Buy McDonald's with it 🥴😅
They see it as a 'store' of value not a utility.
Meaning you exchange btc for services and you won't get it back (they'll give you fiat back probably) furthering the centralisation.
Whatever the case governance is the issue.
I can spend cash and its far more untraceable than bitcoin.
