91 () posted 3 years ago by CavePeasant 3 years ago by CavePeasant +92 / -1 87 comments share 87 comments share save hide report block hide replies
China likely controls that majority of the mining/network. Therefore they own it
TFW they don't realize that miners don't control the network smh lol
The miners do control the network ... all it takes is 51% control to override transaction verification
You must have not been around for the user activated soft fork
People think bitcoin is this massive unpenetrable force, but it does have an attack surface. I'm not trying to discourage its use because it is probably much more robust that our fiat dollar.