Re:Bitcoin is fiat money, too
by Terr_ on Saturday September 23, 2017 @06:07AM
(#15319047)
Don't be silly, that's like saying that incorporating a one-person business automatically puts you on-par with the lobbying power of major industries.
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No, it's as silly as suggesting that a single voter has any say what so ever in the policies of republican institutions.
1 vote for a poor person = 1 vote for a rich person (ideally). In mining, the more mining power you have, the more "say" you have. One stays constant, the other scales. Don't you think that is an important distinction?
In a way it's a pretty naive view. The rich person will have more influence over other people that will give him effectively more than 1 vote.
Re:Bitcoin is fiat money, too
by JumpCrisscross on Saturday September 23, 2017 @08:59AM
(#15319537)
OP's point is the big mining rig will have more influence than the numpty rig one boots up on their laptop.