Zach Rynes | CLG
@ChainLinkGod · May 16, 2021
Elon, while the thread is a bit adversarial in it's tone, it does have its truth in that Dogecoin is orders of magnitude more centralized in both terms of node count and supply distribution than existing cryptos like Bitcoin, people will lose money when these whales dump
Elon Musk
@elonmusk
Bitcoin is actually highly centralized, with supermajority controlled by handful of big mining (aka hashing) companies.
A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. Sound “decentralized” to you?
06:17 PM · May 16, 2021 · 0 views
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