Hacker News new | ask | show | jobs
by drekk 1406 days ago
If most of the internet is on the AWS that is a pretty understandable argument, no? Mt. Gox was responsible for 70% of Bitcoin transactions at its peak.

Most buy coins through exchanges, via fiat as an intermediary. They upload a driver's license which the intermediary keeps on file for KYC purposes.

If Bitcoin or cryptocurrency in general is supposed to decentralize finance how is it going to attain that goal if "doing it properly" requires installing a miner or exchanging cash for a flash drive in a Walmart parking lot? We're talking about the typical person globally whose conception of the internet might just be Facebook.