Idk... These companies are beholden to the government. I don't assume they're going to be regulated to harm Bitcoin, but it's silly to 100% discount the possibility.
Login to reply
Replies (3)
Like if US corpos held 60% of the hashrate, and could stop Iran or North Korea from receiving Bitcoin, I can easily imagine the government tapping into that.
The current crop of free market capitalism isn't saving Samourai. Allowing people to transact freely is not actually in the cards already.
I didn't say 100%, I'm saying it's a relevant concern not to discount fully. It's why we all benefit from the secondary option of Monero, which theoretically could survive that scenario (assuming hashrate grows further). It's a good complementary option to Bitcoin.
I meant it's silly to discount the probably from 100% to 0%. Bad phrasing