Bitcoin "mining cartel" (centralization power)

[fiulpro]

In economics I believe : Money can influence anything.
Bitcoins was not considered a form of money in the previous time but now I believe anyone would be lucky to have some bitcoins lying around. Not only that , the government is trying to copy bitcoins by creating something like it , but centralized. ( But they don't realize that , they are killing the whole purpose of bitcoins)

At the same time , it is now important to understand that bitcoins is influencing the nation's in way unprecedented previously.

In many countries it's been used as a way to fight the oppression of the government.

In many countries it's been used to start a political uproar during crisis.

Bitcoin have already proved itself to be useful in the cases that you are asking about.

_*_

But a mining cartel able to control economics? I doubt that . They will have to face immense resistance from everywhere since the network like bitcoins is based on freedom , power given to an individual holding it, if mining companies started influencing things like this, they would be long gone.

[claire_lovely]

Hard forks can always occur if there is disagreement with the protocol, this led to the split with BTC and BCH and later BCH and BSV. This makes it so forming a centralization of power for nefarious purposes isn't usually worth it, when there is more profit to be made from continuing to process transactions.