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RE: When blood is on the streets...

in #bitcoin7 years ago

Not sure if you have fully understood my point. As a man with empty pockets has no influence now, he will not have any influence in crypto consensus, because he cant afford staking or mining. Yes, this partial decentralization might be better than government issued FIAT. But it is a partial decentralization, because consensus will be in the hands of fragment of whole population which affords staking or mining.
I am talking about technology, which would give equal vote in consensus no matter if you are empty pocketed or billionaire. And when it will emerge, there wont be clear invitation to switch investments from current crypto kings to new technologies. Kings will gradually decrease in value, leaving many people with hope of recovery until they realise what they have missed and why their investment is not worth nothing anymore. Of course its just my insight on quite far future. Happy trading till then!

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