It will become more prevalent though. Government will ensure that the largest miners are here in America and follow strict regulations. Hash power is the new OFAC sanctions stuff, it’s just not as cut and dry and flipping a switch thanks to bitcoin.
That said, having some hash at your home and running your own node becomes more important over time.
Also, the government doesn’t care about “anti-economical behavior” when it comes to maintaining control/power. There is no cost too great; they literally print money.
See: the infinite naked shorting of paper derivatives by banks in the precious metals markets.
Sir NOSTR / Knightstr
npub1hr…06ggh
2023-12-07 14:54:46
in reply to nevent1q…3k9q
Author Public Key
npub1hryyn9v9lxrqnlc55fft0d7tupj3e0v3msp9vvypxzzxtkdf4xqqg06gghPublished at
2023-12-07 14:54:46Event JSON
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"content": "It will become more prevalent though. Government will ensure that the largest miners are here in America and follow strict regulations. Hash power is the new OFAC sanctions stuff, it’s just not as cut and dry and flipping a switch thanks to bitcoin. \n\nThat said, having some hash at your home and running your own node becomes more important over time. \n\nAlso, the government doesn’t care about “anti-economical behavior” when it comes to maintaining control/power. There is no cost too great; they literally print money. \n\nSee: the infinite naked shorting of paper derivatives by banks in the precious metals markets.",
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