Re:The Bitcoin Whales: 1,000 People Who Own 40 Percent of th...
by VMG on Friday December 08, 2017 @11:28AM
(#15879822)
> It would matter more than my (non-existent) vote in bitcoin would.
You don't have to use it though.
> So to be clear, your problem isn't that the fed is centralized and btc is decentralized it's that btc is regular and the fed can be irregular?
Both aspects are problematic. It's not only the FED that is centralized, the banking system itself is. Bitcoin is Peer-to-peer without trusted third parties.
You don't have to use it though.
> So to be clear, your problem isn't that the fed is centralized and btc is decentralized it's that btc is regular and the fed can be irregular?
Both aspects are problematic. It's not only the FED that is centralized, the banking system itself is. Bitcoin is Peer-to-peer without trusted third parties.