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by rasengan
2253 days ago
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> A bold claim without evidence. In fact, the opposite may be true [1]. > [1]: https://www.bloomberg.com/news/articles/2017-12-08/the-bitco... The same can be said about any money system in a capitalist economy (e.g., 1% owns 40% of the wealth in the US [1.1]). > This is but one counterpoint; another notable problem is the centralization of bitcoin mining in China [2]. I'm not sure this is 'looming' today as the article boldly claims, but centralization is definitely a risk. It's important for everyone to participate in the system as they can for a more equal distribution of ownership - akin to how one should exercise their vote in US elections. [1.1] https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite... |
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