Nostr Web Client

Is that a good thing though? I don’t blame him for maximizing shareholder value, but what does that do to the broader scalability longer term? Are there current examples of one individual/entity owning that amount of global currency? I’m just trying to think of how this plays out longer term for mass adoption if one or a handful of individuals control the entire money supply.

Humble Bitcoiner 1y ago

Decentralization is created by the nodes, not the holders.

Time to understand the difference between PoW and PoS

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Discussion

Shaun 1y ago

I understand PoW vs PoS and I’m fully aware of the nodes for decentralizing the ledger. But for mass adoption, it still has to be seen as a potential store of value for more people and if a handful of entities control supply, is that going to lead to resistance? We still need a liquid market at some point

Humble Bitcoiner 1y ago

Majority of real estate, stocks, commodities is in the hands of a few elites and yet it is still a better store of value than crappy fiat.

So no I’m not worried about that. Just stack sats and stay humble

Shaun 1y ago

True