So with the Blackrock spot ETF looking like it will become a reality, I've been thinking about this.
Let's say that Blackrock wanted to impose a change to the consensus rules, they could use their money to spin up thousands of bitcoin nodes running their software/consensus rules and form a majority.
There are currently about 50k ish btc nodes (https://luke.dashjr.org/programs/bitcoin/files/charts/historical.html) and that is nothing for a big player to top.
Assuming a crazy expensive cost of US$ 1000 per node, with like 55 million dollars they can have a majority of nodes. That is pocket money for someone like Blackrock.
With that in mind, shouldn't we be focused more on increasing the number of plebs running nodes instead of focusing on a "security budget" that may or may not become a problem several years from now?
Or am I just missing something?
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3 Beers and 1 lb cheese yesterday 22k sats El Salvador, I live 100% off of sats and I fucking love it
The conspiracy theories about 15 min cities are the dumbest kind of conspiracies.
Suburbs with only a highway access and 1 road out are easier to shut people in. Only 1 walmart to starve people in this prison. Cookie cutter houses with 10m^2 are stuffy prison cells.
https://imgprxy.stacker.news/kYh7pBBNvdEW_JE2juJP5xFCVqS9S0cjd11EnXE7h5c/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLnBvc3RpbWcuY2MvWFlSTHl6VGovYnVpbGQtZnJlZS1saWZlLmpwZw