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RE: 2.2 'Bitcoin Mining' : "Who are the Miners?"
It is also "likely" the reason why the bitcoin price is so highly manipulated from within. The computers who can complete the pathway to a "finalized" transaction has a BIG advantage over the rest. And "apparently" there are some pretty good computer techs in Asia. Silly Conn Valley, cali is getting all giddy about the $$$ they are making via bitcoin price appreaciation. The Aian data miners are gettting rich filling their orders. I understand that some trades are placed with a built on premium/fee in order to "motivate" a completion of a transaction. No waaay this is a "free" market. The "real" market will figger it out though. Some of you folks might not be that happy. The Asian data miners have "job security" though.
Definitely the real market will figure it out. The question is how long it will take and how much approaches will be needed to reach a fair solution. Thanks for sharing your thoughts with us @joejustjoe