The Recentralization of Bitcoin: Wall Street Taking Over?

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The recentralization of Bitcoin is taking place. This has nothing to do with the coin itself although I still maintain it is being hijacked by Wall Street. The problem is we are seeing the same thing at the mining level.

In this video I discuss a Forbes article that talks about this very topic. Most of the blocks are produced by only a few mining pools. This is becoming a major problem.

Here is the link to the article talked about in the video:

https://www.forbes.com/sites/vipinbharathan/2024/05/04/research-on-recentralization-of-bitcoin/?sh=73bab3b32b03


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The Recentralization of Bitcoin: Wall Street Taking Over? | Ecency