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RE: What's the underlying value of Bitcoin?

in #bitcoin7 years ago

Love the gif.
Well yes, Bitcoin has some critical flaws by design. And one of it is it's Proof of Work implementation, which does incentivize centralization.
There is a great article about some possible solutions which could still be implemented in time if the developer community would be more cooperating: https://news.21.co/quantifying-decentralization-e39db233c28e