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by matheusmoreira
1693 days ago
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No, this problem goes way beyond wealth concentration. The centralization of mining activities is extremely dangerous. The whole point of bitcoin is to be decentralized so that outside influences are minimized or eliminated. There is absolutely no point to this coin if it's centralized. All the energy spent mining it is being wasted on a useless coin that serves no purpose and whose only valuable quality is its brand. |
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