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A comment on Paypal Withdraws from Facebook's Libra Cryptocurrency. Parent comment

Re:Paypal Withdraws from Facebook's Libra Cryptocurrency by csomar on Friday October 04, 2019 @08:06PM (#21162948)
Bitcoin mining is actually quite centralized in a few players; and the exchanges have established offices. The gov.s could have done some serious damage.

edit: nice try Satoshi!

[ Parent | on HN ]
Re:Paypal Withdraws from Facebook's Libra Cryptocurrency by vinniejames on Saturday October 05, 2019 @02:04AM (#21164063)
They're only centralized because free markets tend to favor centralization. Should the big mining operations be shut down, it would become instantly profitable for smaller miners to switch on again
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Re:Paypal Withdraws from Facebook's Libra Cryptocurrency by therein on Friday October 04, 2019 @09:17PM (#21163219)
So what you're saying is we will go raid unrelated folks? Where would you stop, would you also seize assets of people running non-mining nodes?
[ Parent | on HN ]