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RE: Alt-News #10: Eth Foundation strike deal with Russian Development Bank & Russian Stock exchange embraces cryptocurrencies / OmiseGo confirm collab with McD Thai / New alt-coin recommendation and overview

in #alt-news7 years ago

It is currently not possible to centralise Bitcoin for example. They would need a lot of hashing power to have control over the network. So I don´t think this will happen in the near future. There is a high chance that countries will create fiat style cryptocurrencies, but no one will use them. I am always asking myself what would be the benefit for the normal joe ?

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But technically Bitcoin is controlled by 3 big mining companies...