Replying to Avatar DETERMINISTIC OPTIMISM 🌞

Reposting here;

People freak out about bitcoin existence too much, get off twitter walk on grass.

Bitcoin is much bigger than this app (twitter) and the opinions expressed here.

Stop overthinking it, the NgU incentives is what makes it really tick, everything else is nice to have.
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graffiti 1y ago

The market should tank somewhat if miners centralize, but that hasn't happened because nobody cares. All these NGUs only care about NGU, and don't care about decentralization. There is no disincentive to decentralize.

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DETERMINISTIC OPTIMISM 🌞 1y ago

NgU needs reasonably decentralized mining, we have reasonably decentralized mining.

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graffiti 1y ago

https://protos.com/new-research-suggests-bitcoin-mining-centralized-around-bitmain/

I guess it depends on your definition of decentralization.

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inventor 1y ago

Sounds like cope, buddy.