Marty's Ƀent
Issue #1171: The leverage is tilted
From my perspective, we are falling very short of living up to the ideals of freedom and civil liberties.
From my perspective, we are falling very short of living up to the ideals of freedom and civil liberties.
How did we get to this point? Centralization, complacency, and a detachment from monetary reality.
If Bitcoin wants to be resilient in the face of social attacks, it needs as many people as possible running nodes. It needs to survive "The Mass Unplugging".
The third parties that interact with the protocol may be co-opted, but the protocol itself will remain pure and bereft of regulator taint.
Money is not something that should just be "created" on a whim.
This is why we Bitcoin, freaks. Bitcoin is completely bereft of the control levers that can be taken advantage of by greedy politicians and central bankers that exist in the current system.
This, naturally, leads to pointing out the glaringly obvious vulnerability of these types of services heavily centralizing Proof of Stake chains since exchanges are able to offer interest rates above the market rate due to their economies of scale.
