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February 02, 2021, 07:09:14 PM |
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POW Mining is too centralized since governance is determined by the miners. We can verify they won't double spend but we are not protected from them changing the code or forming a Cartel.
Wealth is too centralized- pos mining cannot work with a coin with the same distribution as btc where the top 5000 out of 7 billion people hold more than half the btc. Thats what would happen if btc was a global currency.
Bribery, Oligarchy, and War define our world
TheGreatReset.Finance
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