Subnostr

Whales are some of the smartest money, but don’t follow the whales too closely. #Bitcoin’s dynamics are shifting, and I think it will be in the little guy’s favor.

The more big players we get the less an individual big player’s take will matter versus overall sentiment.

#Bitcoin was always meant to be in the hands of the many, there will be no special group that makes all of the decisions.

The only constant is 21,000,000. We will see #Bitcoin change in a mainstream metamorphosis of sorts. Adapting will be crucial.

GLACA 1y ago

What is your take of possbile network control via mining pool centralization?

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Discussion

Seth Michael Steele 1y ago

I think it is a valid concern, but I’m bullish on things like BetterHash and Stratum v2 helping fix mining pool centralization.

I also think there’s more incentive to protect the network than attack it even if you’re AntPool.

GLACA 1y ago

Need to learn about those two. Waiting to be voted on? What is their status?

I agree. Too many players and if pools start fuckin around miners will switch the pools in worts case scenario. Correct way of thinking?

Seth Michael Steele 1y ago

I’m not sure the exact status of either, I do believe Braiins Pool uses stratum V2 already.

Your thinking seems sound to me.

GLACA 1y ago

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