[tor-talk] Is there any societal use in Bitcoin?

[grarpamp]

> the bitcoin community does not want/has no plans to
> address the centralization of the network

BTC community? Or cryptocurrency community?
Mining centralization? Or node centralization?

For many coins
1st priority is not losing value.
2nd priority is philosophy.
For them, "we've not lost yet" and "someone else will do it"
mentality, so they'll sheepsleep their way into central again,
then they lose. Oops.

Those with priority philosophy understand that "I have to do it"
and "If I sleep, I lose value", their networks are self [re]enforcing
herd cooperation, as such, nobody in their right mind would
let them go to shit, they'll throw in what they stand to lose.
BTC has hit nearly 50% mining odds at least once, then
everyone backed off and shuffled pools to prevent.
But even that's not enough to fight a rogue mining entity
bent on takeover BTC....

There needs to be at least three fully independant
manufacturers selling mining gear to the public.
Assuming SHA-256 is a commodity, that's max 33%
to each maker, plus random buyers into random pools.
Right now BTC has roughly one, Bitmain, arguably
playing the ride the percent game, plus buyers.

Coins could also code up network incentives for
decentralization. Everyone runs the same code,
all understand they can lose if they don't..