BlueGoat
3w ago
The biggest danger to #bitcoin right now is that there is too much hashrate in the US, and the current administration seems to want even more. How can we get other countries to mine?
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Replies
sitting at an airport bar
@ArtSetsYouFree
3w ago
Who cares
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be
@be
3w ago
Hash rate follows a mixed motive game, in theoretical game theory. Having stake in the security of the network and making it decentralized is only useful if they see Bitcoin as a monetary network worth participating in. I suspect that many more nations will start engaging in mining as Bitcoin’s network effect, and benefits at the nation state level, is realized.
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BlueGoat
@BlueGoat
3w ago
What % of hashrate will foundry have before that happens is the big question
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❒ PictureRoom
@colincz
3w ago
They’ll come online it’s inevitable
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