Bitcoin: A Miner Problem

Georgi Guninski guninski at guninski.com
Sat Mar 5 22:31:59 PST 2016


On Sat, Mar 05, 2016 at 02:45:27PM -0500, grarpamp wrote:
> > Isn't this "cartel" the "free market" in juan's anarchist utopia?
> ....
> People will eventually realize that they, as millions of users, are the ones
> who should be doing the mining, all independantly under a known
> and necessary code of poolsize limiting, a vested stake in preserving
> value of their own assets and economy, thus distributed impossible to
> be abused by large pools / entity cabal miners. Most users don't get that
> yet. Though the 21 of things is a step towards that.
>

Don't expect people to change for good in real life and
likely even in bitcoin.
Probably the best can happen is they get pissed off because
of starvation, make a revolution, then soon after get
social engineered and/or owned again.
Hope this is wrong.



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