Important message. Doing a keynote at Adopting Bitcoin Cape Town about the same issue this week.
Discussion
If you win, you loose, Donald.
Hypercentralization of mining in the US effectively kills bitcoin, so be careful what you wish for.
Many confuse power consumption and decentralization when they talk about bitcoin's security. If all the hashrate (and power consumption) is centralized, then bitcoin is only secure for the ones who own hash.
Bitcoin has to consume lots of power to be secure, but it also needs to be fully decentralized.
Awesome! 🙌 Can’t wait to hear your insights at Adopting Bitcoin in Cape Town! Let’s spread the word and make a difference together! 🌍💪 #Bitcoin #Nostr