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by 8note 1861 days ago
New people can still vote for their governments to affect those systems.

The distinction feels irrelevant
1 comments
leishman 1861 days ago
It's very relevant. Mining is very easy to geographically diversify. PoS coins will almost all be controlled by US based custodians subject to US regulations. PoS coins will be controlled by the US financial industry at the end of the day
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zionic 1861 days ago
This is completely false, late/end game PoW centralizes mining around the cheapest electricity. It is impossible to mine profitably in the overwhelming majority of the world now.
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8note 1861 days ago
Your government controls which coins you are able to use.

It doesn't matter if the coin becomes run by another geographic area if it's illegal for you to trade in them

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