Even assuming the miracle happen, there is a deeper problem in Bitcoin that no one care apparently, the centralization of mining by big companies, this is by far the most critical point because it's the network itself, if they can enforce a blacklist upon them, Bitcoin's network is screwed because at this point it will be possible to implement a whitelist. USA and China share more than 50%, USA is leader with 35%, and I expect this share will grow without limits because there is a real interest of controlling the network itself for the government, so they will push for this and we can't stop this. Not necessary to talk about China of course.

Reply to this note

Please Login to reply.

Discussion

I'm not familiar with the concepts of BTC blacklist and whitelist. Sounds interesting.