![Stonetoss (May 20th) [1000x1000 - 827KB]](https://pic8.co/sh/78qghz.png){kind=link}
That's what I read about Bitcoin when I studied it. The problem with something decentralized is one group taking over, so they have the proof-of-work system, with adjustable difficulty, to ensure that it's too costly for any group to control over 50% of mining. Over the years as mining has moved to ASICs, they've upped difficulty. But please, in your asshole way, correct me if I'm wrong or reading Satoshi's whitepaper was the wrong source of information.
Proof of work does not work if one entity has more than 51% of the total. Then it becomes one entity controlling it and they can manipulate or destroy it at will. When there is something that has profit potential like this, one entity will always arise to take advantage of this, as we see with Bitcoin and the CCP controlled miners. Again, thanks so very much for repeating second hand non-sense regarding something you know nothing about because you are a faggot that is triggered over someone pointing out flaws in your precious Bitcoin.
Thanks for your second-hand information. I'll be sure to consider it authoritative. Precious? It's Tulip Mania 2.0. I think it's doomed.
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