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A comment on Bill Gates Says that Bitcoin is bad For the Planet. Parent comment

Re:Bill Gates Says that Bitcoin is bad For the Planet by jayd16 on Monday March 08, 2021 @05:29PM (#26392525)
The fear is that there will be a powerful in-group that has majority control, not just a single bad actor.
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Re:Bill Gates Says that Bitcoin is bad For the Planet by runarberg on Monday March 08, 2021 @05:50PM (#26392734)
Correct me if I’m wrong, but isn’t that a problem shared with PoW?
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Re:Bill Gates Says that Bitcoin is bad For the Planet by jayd16 on Monday March 08, 2021 @07:15PM (#26393512)
I would argue that POW tends towards specialization of the hardware, congregating power in few hands, so yes. Yes it is.
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