Elon Musk misunderstands Bitcoin and blockchain
Elon Musk is concerned about the centralization of Bitcoin. But he fails to realize that Bitcoin’s biggest problem is NOT that it is centralized at mining, but it is secretly centralized at a human Core, which is controlled by a handful of human agents who ideologically and economically represent certain powers behind the scenes. This is why Satoshi wanted Bitcoin’s base protocol to be locked. Satoshi understood Bitcoin as a system comprehensively, including computing, economics, and… Read More »Elon Musk misunderstands Bitcoin and blockchain