[mkirklions]

>It’s not decentralized at all and there are a handful of people thus could destroy it at any time.

Uh you might want to check that.

[haikuginger]

The three largest pools combined hold over 50% of the total hashing power, and all are based in China.

[mkirklions]

Thats the mining pool though. You can join those pools from anywhere.

[SlowRobotAhead]

Ok, wink, because the blockchain I’ll play along and pretend there aren’t at least 12 people that could crash the entire thing one way or another if they wanted to.