Content
@
0 reply
0 recast
0 reaction
polynya
@polynya
Today, a majority of BTC is traded and custodied on CEXs. With the advent of ETFs, in the long term BTC will effectively be controlled by a few regulated CEXs. Might as well cancel PoW and go PoA - it'll actually be more decentralized than 2 mining pools & a handful of profit-maxi centralized mining corporations.
9 replies
25 recasts
350 reactions
Sjonnie
@sjonnie
Yes, will most likely play out that way. Effectively being PoA.
0 reply
0 recast
0 reaction
