Bitcoin’s Future: Elephants, Horses, and Rabbits—The Fight for Decentralization

1 month ago
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In this in-depth discussion, we explore the long-term risks and resilience of Bitcoin's decentralized network. From government overreach to natural forces of centralization, discover how Bitcoin's survival relies on the delicate balance of "elephants," "horses," and "rabbits."

What’s inside:
- Bitcoin’s Wildlife Analogy: Elephants (large miners), horses (mid-sized miners), and rabbits (home miners)—and why they all matter.
- Threats to Decentralization: How a proposed 30% mining tax and centralized mining pools could threaten Bitcoin’s core ethos.
- The Role of Wild Mining: Why producing your own energy and staying unpermissioned is critical for the network’s future.
- Lessons from History: What China’s mining ban taught us about Bitcoin’s resilience.
- Designing Bitcoin for 1,000 Years: Exploring the importance of vigilance and anti-fragility for Bitcoin’s survival over centuries.

Learn why decentralization is the cornerstone of Bitcoin’s success and how its ecosystem must adapt to ensure a lasting legacy. Don’t forget to like, comment, and subscribe for more thought-provoking insights!

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