this post was submitted on 08 Dec 2024
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215
The Rise of Digital Currencies: What It Means for Traditional Banking (wealthari.com)
submitted 4 months ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 4 months ago

You do make a good point but most of the levers to apply power in that space seem to be essentially controlled by how much computational power/how many nodes you can afford to run to apply control and most of the proponents are not really among the rich. They might, however, be among the ones who think they would be, sort of like the often cited temporarily embarrassed billionaires.