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2026-10-12 15:03:54 UTC
in reply to

Tauri on Nostr: Cope. A total of 5 big mining pools (in reality just 2) decide what goes into blocks ...

Cope. A total of 5 big mining pools (in reality just 2) decide what goes into blocks and what upgrades gets “yes” or “no”, without any feedback from the network’s users. That’s as “fiat” as it goes. The bet Saif is making is that Fiat has successfully overcome Bitcoin and the suits are hailed as winners (which they actually are).