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by javert 2538 days ago
Bitcoin is more decentralized than Facebook's coin no matter what because mining is controlled by an algorithm, rather than being an invite-only club.
1 comments
carlosdp 2538 days ago
In theory, sure. In practice, the miner implementations are the ones controlling the chain. The only difference is, I can name the CEOs and leaders of many of the Libra companies, I don't know who the leaders of the mining pools are.
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javert 2537 days ago
Miners don't really have much control in the bitcoin ecosystem.

Also, the composition of large miners changes over time and can adjust organically, unlike membership in the Facebook coin cabal.

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