Consensual Cooperation

Bitcoin wont scale


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Bitcoin cannot scale to be a large player in the global economy. This is because it grants control over the coin based upon computing power and as it gets more valuable the incentive to control it will drive the necessary mining power to keep it safe through the roof. Resulting in a downward pressure that deincentivizes growth with ever increasing weight. As no one is going to want to spend 51% of the worlds energy on controlling a blockchain.
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Consensual CooperationBy colin smith

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