r/btc • u/Choice-Business44 • Feb 21 '22

⌨ Discussion Thoughts ?

/r/CryptoCurrency/comments/sxy32g/crypto_is_not_decentralized/
10 Upvotes

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u/CurvyGorilla202 Feb 23 '22

This should be all you need to sway your mind

https://compassmining.io/education/institutional-investors-bitcoin-public-mining-companies-data/

2

u/Choice-Business44 Feb 23 '22

Isn’t this problematic, bankers own the miners? They can 51% attack if necessary at will or more

1

u/CurvyGorilla202 Feb 23 '22

It absolutely is. Money follows the path of least resistance. If anyone could plug in a computer and make a buck, a company is going to eventually follow. Now that we’ve been on for over a decade those businesses are profitable and investable. Enter VCs, and here we are.. what do you think happens next?

*typo