highly regarded take
for one, the pegout is only required to swap back into BTC
and there isn't any of that necessity with monero
also
"a federation of 10-12 people is JUST like a worldwide distributed mining network" is extremely stupid
Discussion
no idea why you are talking about pegouts. we are talking about censoring and a group of people that can do so.
I didn't say it was the same exact thing. I said there are people who can stop a tx in monero. There is always a chokepoint and tradeoffs made. Bitcoin has it, monero has it, fedi has them, and blockstream products have them of course.
To act like they don't is just silly.
the monero hash has been centralized and decreasing for a few years. Unfortunately, the value just isn't there for people to want to mine. bitcoin mining is hard enough, Monero mining isn't popular, know, or talked about at all.