Hello everyone,
I have to premise that I am a total noob so forgive me if I talk dumb.
Anyway, I was thinking about this:
- New altcoins every day... how long this will last? Ppl will get tired or this mess, no?
- On the other hand, ppl who has average gpu rigs wants altcoins, for better opportunities
- so no altcoins, no more average and small miners
the above led me to the following thoughts:
- What will happen if medium and small miners disappear?
- Then, will big expensive ASIC miners assume a role similar to that of central banks?
- If this happens, will bitcoin be abandoned in the long run for failing to maintain democracy in its ecosystem?
What do you think?