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RE: Is Bitcoin A Path To Tyranny?

in LeoFinance10 months ago

Maybe if we can find a way to leverage the crowd that buy's lottery tickets to instead buy a "coinbase lotto block" award without getting too techy. Instead of dividing up the block reward like mining pools do, promise the whole block reward as a prize. I think that's why mining pool operators don't do this. Their owners are seeking control, not decentralization.

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I would say control is inherent with ownership.

To believe the narrative is otherwise is likely going to fail. The key is to decentralized the control. If anyone could run a mining right cost effectively and have a decent chance at getting a payout once in a while, then perhaps it could fly.

Since that isnt the case, we see the mining pools and what they want to do. Ownership means they control.

And now their master is becoming the likes of Blackrock.