[dkersten]

> Technically you don't even need miners

Well, yes, of course you're right, but there's a world of difference between "technically" and what the reality is for most people.

Between what the EU seem to be doing and the prevalence of centralized exchanges, it seems like what you're describing is happening. But my point was really just that you could still buy yourself into a position of control, either by controlling the hashing power or otherwise. Nothing changes that.

Note I'm not anti-cryptocurrency, I'm just wary that much of the hype is unfounded. Maybe in theory based on correct things, but the reality isn't so clean. Personally, I'm hoping a privacy-oriented DeFi coin will take off. There are a few contenders in this space to watch.