43 sats \ 2 replies \ @OriginalSize 26 Feb \ parent \ on: Bitcoin amnesty - hypothetical scenario bitcoin
No, Bitcoin is not proof of stake. If they asserted control over mining there could be fork away from sha256.
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71 sats \ 1 reply \ @Coinsreporter 26 Feb
So it means there's nothing wrong even if the state approved Network accumulates maximum of the supply. They can't alter or manipulate Bitcoin.
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10 sats \ 0 replies \ @OriginalSize 26 Feb
Correct. It's a two-way door as well. Coins can exit the state-approved regime too.
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